That is certainly possible. It is not out of the woods yet. This was just the most significant bounce since prices broke that $10k support. If I had to guess, I'd say we saw the lows for the next couple months already, but only with about 70% conviction.
RE: As it turns out, February 6th was indeed a very important day for Cryptocurrencies!
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As it turns out, February 6th was indeed a very important day for Cryptocurrencies!