Normally this would have been the case and we would be expecting a bull market in march but with so much FUD and also Mt Gox selling off such a large amount of coins on the open market, it has affected the market greatly, the recovery pattern isn't very strong and also market value isn't picking back up as fast as it should so I don't think we should expect any bull market this march.
Apparently the Mt. Gox sell-off did not happen on the open market. Here is a quote from the article.
I sold BTC & BCC, not by an ordinary sale through the BTC/BCC exchange, but in a manner that would avoid affecting the market price, while ensuring the security of the transaction to the extent possible.
The Sauce:
https://www.reddit.com/r/Bitcoin/comments/853j4i/mtgox_trustee_confirms_he_did_not_sell_btc_at/