Personally, I am hoping that Bitcoin is already on its way into good recovery since we are now in the 2nd Quarter of 2018 and Bitcoin hodlers are already getting tired waiting for the silver lining to come into their weary hearts and minds. Frankly speaking, nobody can truly predict if this is already the recovery we are waiting for or just another bad trap. I am just hoping that profit-taking will not be voluminous this time that can possibly push the value down again.
I don't think it is a trap because it sustained as longer now I think it is a recovery because I think that there's no artificial recovery happening here but just a natural phenomenon and driven by sentiment of the investors that they started to realize that this is the moment they should invest.