Bitcoin has actually recovered from a few weeks ago. We can see it is capable of more than $10,000. However, it was just a pump that happened not so long ago.
Investors have not fully returned to the market place and still many investors are reluctant to re-invest. Probably because they were traumatized with the condition in 2018 which is very bad. We need development and the government I think can help. With the government legalizing crypto, I thought it would attract many more investors.
We have to be patient and I'm sure if in this year the crypto market can get back to success again.
Well, BTC did not fully recovered - it is currently hovering somewhere about $8k and psychological barrier of $10k was broken pretty fast to be honest. About legalization there are no chances to fully legalize crypto in any time soon. Crypto is just too volatile to be used one daily basics