-talking about buying the dip, the present bitcoin price is still considered a dip price for many who are big bag holders and that are ready to invest in Bitcoin for the long term.
Of course, $23K is a lower price than last year and also its last ATH.
We are still on a dip for 1 year TF where the percentage decline is still around 40%. Meanwhile, when compared to the last ATH, we are currently still on a dip with a higher percentage where it reaches 66%.
If you are looking to invest long term I think $23K is one area you can consider. Even if it's sideways, in my opinion the potential for short-term profit, for example for a 30-day period, is still very possible.