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?
Maybe the crash is over or all coins that owned by the South Koreans are all dumped as they have no choice but to dump their coins but still we must not relax because we really don't know what will happen next as their are no confirmation from the news that bitcoin and other coins are bouncing back that the crash is over and we survived again from this corrections in which is already part of bitcoin history.