Apart from TA, on-chain analysts suggest this is the bottom as well, such as CryptoQuant, Glassnode and Willy Woo.
We might not have seen the absolute bottom yet, but I bet this price below $50,000 is going to be short lived.
And just to add to all of this good TA...
If we take the TA out of the equation and just go by sentiment alone:
1. Average Joe public participation is still low, and overall volume extremely low.
2. Didn't see anything "parabolic" happen with Bitcoin. There was no blow-off top moment.
3. If the Coinbase IPO was the big "sell on the news" moment, then it was the absolute lamest moment in Bitcoin's entire trading history. Everyone knew it was coming months prior.
4. Whale traders in bear markets plan on short/dumping for a least 24-30 months straight after a top (unless we have a double top within the same year). I can't even fathom this happening right now with all the bullish announcements still to come.
So I think anyone selling it all rn is going to be woefully out of position and sad over the next 6-12 months.