i believe the dip that people were expecting already happened a couple of days ago. it was a complete week of dropping price, nearly. and that was the dip. waiting for the dip is not such a good idea anymore if you ask me although buying right now may also be risky.
How I remembered people waiting for the dip when the first wild swing and still waiting in the second, third and I lost track.
also i do believe that the reason why altcoins are rising and you call them "emerging altcoins worth investing" is because bitcoin price stopped doing anything for the time being. it has been nearly 5 days without any wild swings in bitcoin apart from normal 3-7% swings every day.
Yep. I just wish that Bitcoin's price would not go for another round of wild swings. Hope it will stabilize and would stay as it is until 2017 is over. This would give time to solidify Bitcoin's market and allow altcoins' market to run again smoothly.