Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?
this is not the first time that bitcoin fall dip. Cause in the past year we experienced the most worse dip ever which is bitcoin price turn back to 6k but after a days it jump to the high value. And this circumstances is not the worst price of bitcoin drop cause it still in a high price.