Yep I'd agree with that, however the volume on the dips, especially this one, in my eyes is stopping action, a combination of the selling climax, the auto rally and secondary test, it pushes price into a sideways range, and unless some serious volume kicks in this up move will reverse back into this sideways range building the cause for its next move be it up or down.
Price may sometimes simply reverse and continue higher without a sideways range, and this may still be the case, however this is the more extraordinary result, the rise would be stronger if the sideways range builds more support before the rise takes place otherwise it may be weak and run out of steam.
The higher low you refer to I'd call a secondary test of the Selling climax, in Wyckoff terms this fulfills Stopping Action, the fact that it formed a higher low is definately a good sign, it does appear to be finding good support, however if this higher high above the sideways trading range formed by the Selling climax and the Automatic Rally finds excessive supply another test of the lows of the selling climax may result and a potential sideways ranging price may form.
Got to give full points to you mouse, I remember reading your post in the STT thread when BTC was below $300? recommending to jump on board, it all made great sense as well, not involved at all myself but have a cousin that has been mining for while now, he had a big grin at the Christmas party
Cheers