I think we are about to recover because the latest news I read today is that Ukraine becomes the latest country to legalise Bitcoin and cryptocurrencies. This is a big news and I believe that it will affect the Bitcoin price it will maybe push back the Bitcoin price to 50k above. So lets be patience maybe there is a lot of big news soon.
That is not the only reason why bitcoin will recover but yes that is a helpful situation as well. Bitcoin always recovers, there is rarely ever a time when bitcoin did not recover and that is why I believe that we should not be concerned with the current price let it be whatever it is and eventually it will recover anyway. Even if it drops to 10k tomorrow, I would feel happy because I will have the chance to buy at that level once again, but I know that whatever the ATH is at any moment, there will be another higher new one eventually. Even if one day we reach 1 million dollars, there will be 1.1 million dollars and 1.2 million dollars as well. No crash can keep bitcoin low forever, it will eventually go up no matter what. This is the exact reason that I am hopeful about our future and this fall did not steer me into any new direction at all.