over the past two days, BTC prices has dipped as low as $9k. the BTC prices has since bounced back to a touching high of $ 10.4k, cold this be an indication that BTC is on the recovery track?
As much as we would like to see that bitcoin is bouncing back, but I'm afraid that I don't see it happening right now. Maybe $10K is the correct value of bitcoin, minus all the hype and frenzy specially during December.
It has passed $10700 already but we went into a mini dip again, but bounce back to $10700 so it looks like their will be really a tug of war between the bears and the bulls which will bring a sudden stand still in the price of bitcoin.