I like to buy more on dip.

Well it's dipping now...

There are rumors on BTC fall below 10K (China New Year is coming!), so LTC follows. See as trampoline for further jump.

It is just the next in turn FUD that is coming from China. They just declared that access to centralized exchanges will be banned from China.
Here is the Reuters link:
https://www.reuters.com/article/us-china-bitcoin/china-to-block-cryptocurrency-platforms-that-allow-centralized-trading-bloomberg-idUSKBN1F41G9

This lead to BTC collapse and as you can see its little brother LTC and all of the alts are following it badly...

~is Charlie the unicorn going to save us? :-D bwaahaha