We are only in Decline but not in Bear market so i think there is no need for recovery but instead let the market rest a while because there is a Huge run in 2021 when the price really take the full scale and bitcoin with most altcoins take its way up.
Market will recover and will dump so either both? lets expect things to come.
Yes it can be considered as price correction but not totally a decline and not totally in bear market because the price resistance are keep on strong hold and that can be shown in crypto market. I don't think so when we will going to see bitcoin reaching another all time high but I am very optimistic that we will going to see it coming before the year 2022 ends. As we always expect price fluctuations happen frequently without prior notice due to different reasons and that's normal and we need to be used to it.