Does anyone think Bitcoin will recover?

If you did your due diligence as an investor, you should already know Bitcoin is prone to large price crashes: -81.8% in 2017, -50% in 2020 and -53% earlier this year. -17% is a minor fluctuation compared to those. Be prepared to see it sink down to $20,000 or even lower.

If the trend continues, it will. I keep a part of my crypto money in cash for when crashes happen.

Did you look at all-time logarithmic price chart? (https://www.tradingview.com/chart/?symbol=BITSTAMP%3ABTCUSD , click "all" and "log")

There was a few years long period of stagnation after every peak.

"Be fearful when others are greedy, and greedy when others are fearful." - Warren Buffett

But in all honesty, Bitcoin will recover. The question is have you done your due diligence and are financially sound enough that you can wait out the recovery? A lot of people kick themselves for selling to early and never ask themselves why did they not wait it out? The reason people sell early and not wait the long game is they were to exposed to risk and needed to liquidate to stay afloat. Ask yourself this, if you can afford for your bitcoin to go to $0 and you are still ok, HODL. If BTC entering a long bear market can rekt you, you may want to consider taking a partial loss now to hedge your bets later. For the record I am not a financial adviser and this is opinion not financial advise.

The irritating thing about crypto investing [I have a couple of grand's worth divided amongst about half a dozen coins and have been HODLing for about 5 years now] is that they almost always rise and fall together. So there's rarely an option to sell one while it's on a high to fund purchasing another while it's low.

As regards price predictions. My gut feeling is that long-term the price is only going up. But there will likely be many spectacular rises and falls on the way. But I wouldn't wipe my arse with most of the short-term predictions by all these so-called 'analysts' on the various crypto news sites. They'll say one thing today and [with equal conviction and confidence] the exact opposite tomorrow --often with fancy charts to try and make it look like they have a fucking clue what they're on about

Low time preference my friend, think in years/decades. Day to day, month to month thinking is being a trader which is bound to hurt. Compare BTC price with same month last year and it is still more than double, is it not enough? also Price action is distracting from the actual technology. 99.9% of all the coins are just securities/fraud anyway. If you want stability and peace then just go with Vanguard.