It has really recovered well from the price drop it got way back in January which was 700$ per Bitcoin it has now truly recovered which came to a high priced at 1200$ per Bitcoin. Which is a 500$ improvement in a little over a month. Now the price of Bitcoin got back to the 1000$ level due to again a shorting that happened last week. Hoping to see the price of Bitcoin recover again this week.
Actually it has not recovered rather it settled new goals and new price records this time if I am not wrong. And guys why you become so much worried when the price even drops a little ?
If the price would only go up and up only traders would find it impossible to earn via trading. I am one of those traders and hence I know the value of these swings, its really crucial.