Yes, there is a chance for the market to recover its current situation but we have to wait for it patiently and it will help to improve the situation of the market when bitcoin becomes stable. In the recent trend, most of the altcoin increased too much high value before increasing their prices it should consolidate at the current value.
And how exactly are we going to help to improve the situation? What is the situation really? We are up from 3k in March to almost 12k for Bitcoin. How is that a bad situation,,, when all we hear is bad news about covid and economy and in the space constant scamming from Defi,,, I think we are in a good place:)
This question would fit out to those people who had bought on the peak but for those who bought back in 3k then they are indeed in profits now considering that we are already hitting almost 12k at the moment.
This thread might be old but still significant to be discussed since this one talked about recovery of price knowing that the market had plumetted down to the floor after that 2017 bull run.
Thinking about recovery ? yes we are heading there and this current price is a solid proof, some might say that that it isnt really enough but at least we are seeing some good gains here rather
than staying up on below 10k price for more years to come.Everything is still unpredictable though because going 12k doesnt mean that it wont shoot down again.