This is interesting:
I lost quite some money because of this dip. It can even go deeper. But i do beleive before end of the year i will be back in black numbers, probably even with a great profit.
The question is: do we have only leveraged weak hands in crypto or do we have more believers that will hold on whatever happens?
That decides how deep we go now. My instinct tells me: as there is not a -80% crash happening, this correction will help bitcoin grow stronger. Even stock markets collapsed -80% on dotcom bubble. We are holding strong so far.
Any BTC price above 750$ means we have not crashed. It also means believers are steonger than gamblers.