I agree that traditional technical analyses are not fully applicable to BTC, but all markets behave according to certain 'Universal/Fibonacci' rules since all markets are ultimately ruled by a combination of human psychology (short term) and fundamentals (long term).
So it's good to keep an eye on short term technicals, especially if you are a trader, but fundamentals will always out way sentiment in the long term.
RE: Congratulations to those who were positive !! It seems we did reach an important bottom when we posted this a week ago !!