Does the current bitcoin rise indicate that the bitcoin has recovered from the price of last week's week?
The indication of its recovery is been a week now already, Yes it isn’t as rapidly increasing faster than what happen last year but it’s more natural now and if it will continue surely it will stay high and much lower possibility of big dumping.
I'm not expecting for a huge dip again but anything can happen in the crypto currency world and it is unpredictable. But as we see the price of bitcoin now, it is slowly recovering from the dip that happened a few weeks ago and this is a good sign of bull rushing in my opinion. According to my personal analysis and data gathering I think bitcoin will break the $20,000 dollars price at the second quarter of this year and the price will continue to rise due to its very high demand and popularity(Again this is only my point of view and personal opinion and don't take it seriously that will happen).