Yeah its recovering but seems that it needs some time to get going and the price is actually getting low also and then high so I am not sure if that's recovery or a slow downfal.
Because of some news like hard fork the Bitcoin price fall but this is still high.
Now Bitcoin price moving slowly but we didn't sure if Bitcoin price will goes up again in 1200$ point.
No one really knows on if it would recover or not but you are right its still high price to consider comparing on the previous years price which i can say we are still on the good side or price of bitcoin and nothing should too worry too much because it will gradually recover up its price for now the thing we should do is wait and dont panic sell.
i agree its still too early. This actually happened already at thr beginning of this year when the price dropped to i think around 800$ for a couple of days but recovered to hit 1200k. Long time btc users i think are already used to this kind of ups and downs and its not even as bad as before.