-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 30 days, is still very possible.
That is the point so the statistics still brought us back to the origin of bitcoin cryptography and the final idea of invest what you can let go of for a king time, which is the message we have been preaching concerning Bitcoin as an investment which is better in the long-term basis rather than short-term market speculations.
-Considering Bitcoin's long-term gains that out the way its short-term speculation and how we are more than halfway price to the last all-time high, should be taken as an unpredictable asset so any amount you can effort a long-tetermmrm basis is ok.