Quote from: pooya87 on Today at 04:49:49 PM

Quote from: Minecache on Today at 09:48:51 AM

Given the current economic situation, it is highly unlikely for the market to fully recover,

Sadly this is true even though it goes against all logic and bitcoin design!
Bitcoin is the hedge against inflation and whenever the fiat currencies dump, bitcoin price should go up. And we all know that all major fiat currencies from USD to EUR are dumping hard as we can see price of everything is increasing (except bitcoin!).

The crisis affect the investors and the cycle continues up to Bitcoin and cryptomarket, this is why we are having a hard time to recover though at least we are able to go back at the price level of $23k and all we have to do is to sustain this level and go for a sideway trend. Eventually, when the world economy starts to recover Bitcoin will also follow that, we might already hit the bottom but of course, worse scenario can still happen so keep watching the price trend.