As I was saying earlier, we can see the signs of a potential recovery as bitcoin is currently trading around $23500.
There might be a chance that $20000 could have been the bottom of bitcoin if the price sustains the current levels.
In that case we might see repeated corrections with the price of bitcoin upwards in every correction.
The difference between having some sort of amazing improvement and having some sort of ignorance about bitcoins increase is the difference people who make a lot of profit and people who are too late.
Bull is a forgiving period, so you could not buy bitcoin from 20k to 50k and you would still get in and make money because then you would make money from the rest of the increase and then there would be plenty of weird coins and tokens that people would throw money at. This is why I have to say that we are at the verge of a bull run right now, it is already started, and people could wait and be too late, but we will make more money than them, and yet they will not make a loss neither.