Good article. Love reading your analysis, which I've followed for some weeks now.

I'd like to point out that there's still a good chance however that Bitcoin could bounce back to a lower low than was seen 2 weeks ago, based on some of its more fundamental metrices. I blogged about one of those a couple of days and sadly it still remains low today.

There's is just no way in the world it will sustain any of this recovery until that fundamental value goes up I believe. Here was the take then.
https://steemit.com/cryptocurrencies/@kenraphael/this-single-metric-seems-to-correlate-more-with-cryptoasset-values-the-past-two-weeks-than-most-predictive-methods