It's going to be a thought decisions for these still sitting on the fence holding their fiat wanting to get a good position in bitcoin.
They have to either keep waiting and pray that the now mythical $5.5k ish resistance line gets broken and buy the dip, or don't do so and miss the boat as the final dip could have already been played, which would lead us to a couple of months of a stable price similar to how we were at $150-300ish for months then we exploded back to ATH, and once we hit ATH, we went x10 there, so next time could be 6 figures time. Do you really want to miss that trying to time a perfect bottom? I wouldn't so I would buy now and have a strong hand.