Now a large number of people with zero understanding has Bitcoin and price moves down - there are no more new fools to get into Bitcoin to ever pump it again.
"Buy the dip" is something only fools believe - and as can be seen in here there are unfortunately many fools in here who do not understand that their money is already lost
I am not in fond of the "Buy the dip" strategy. I never do it because as you said you never know which is the 'Dip'. However, I believe that the price is going to pump again (i don't know if this is going to happen as the old standards and reach $20k but it will pump). There is a lot of amount of people that is still not involved in crypto and they don't know how the ecosystem works.