-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.
Although a little late but it never hurts to enter at $23K, why did I say too late? because we know that before the current price increase, bitcoin had been hit by negative issues and the effects of an increase in interest rates by the FED, and causing the price of bitcoin to go down and even fall below $19K, but I actually see many of the members here are hesitant to enter the market at that time and many of us even believe that the price will go down more, but in fact now the price of bitcoin is actually returning to the bull path even though it's still not strong, but it's better to enter the market to buy bitcoin now and keep it for a period of time certain as you say.