We can't conclude anything yet. There are factors that all investors and traders needs to consider.
The current market is trying to bounce, and those who feared for more fall are now victims of those market sways.
Best to reassess everything before you make any movement. The one who considers all grounds is the one who
benefits from this industry. Take time and don't rush things when deciding for your investment.
I am guessing that the lower prices already got all they wanted and right now we have seen that it had a problem going even lower. Which means that it had to go up, this was known long ago, if you can't go down too much then market will stop and go up in order to keep it moving. That's the thing you need to learn about the market, bitcoin price doesn't stay at around the same price for too long, it does move up and down which means that you will have to see a lot of huge moves right after too long stable times.
We were near the 45k price range and it didn't drop too much so the market said "if I can't keep going lower and lower, that means I need to go higher in order to keep it moving". This is why we are seeing higher price bitcoin these days, doesn't mean it will continue to go up, just means it was not unexpected and it was totally normal.