It wont recover until that MtGox dump situation is cleared. Nobody wants to buy expensive coins so that trustee dick can sell on a higher price.
Yeah probably. It's a quite market for now I would say, as a holder I don't have any fear of this situation because form the looks of it o would say we will back to 12-13k in couple of weeks.
Me is holding as well. I don´t care in long term. But it would hurt a lot if this trustee drops the price to 2k or lower. Bitcoin had enough damage from MtGox, they finally should die.