Bitcoin price was already recovered so we don't need to worry now, because it seems that bitcoin was continues raising up and we can't stop that. Moreover I never doubted that bitcoin price was continues bringing down I believe that it will raise up.
yes that is right that bitcoin price has already rover its position too much, and still its position is becoming more and more stronger. the price of bitcoin is now trading above 2700$ which is a very good sign about the increasing trend of bitcoin. i am sure that after 1st August the price of bitcoin will continue increasing too much and hope that very soon it will cross 5000$ very soon.