I can see the recovery but it's not completely bullish yet.
Bitcoin is now back at $50k, but it's very crucial to know if it will be able to hold and stay at that value for a while since for the past weeks, bitcoin were only trading below $50k after the huge dump that happen this month. We only have a week before the end of the year, let's hope the market will end in a bullish way so we will have a great start next year.
Keeping Hindered to even climb above 50k , there are even more dumping happened this December than Last November so i think we are now in the verge of Bearish market.
As the Bullish year is week near to end and the new one coming in which mostly the year after the Bull is Bear.
Volatility is one of the nature of bitcoin, the price can never be predicted, it goes up and down at any time. So recovery is not something new in the market. When the price rising up its usually the time when those who have hold for longtime sometime sell.
yes like what Correction happens after each Bull , recovery happens every after Bear or at least dumping time .