Dip over?

[traderperspective]

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

[SrEasts]

It kinda seems that the dip is over... Most people now will start panic buying after seeing those 24h +20% gains... The market will rise again and all these FUD posts will finally have an end without bitcoin reaching the kind of prices they said aka 5k$ lol

[Tactical Genius]

Well,historically it was predicted this dip was going to occur and now i think it is over,we are seeing green now and so investor confidence will be on the rise and panic buys follow and market is back to its bullish ride.This is the best time to buy.

[sandwichman1]

yes sincerely I think we have to touch the bottom, and that now we will aim for summits!

[erickkyut]

I think the deep is already over and no more crypto bloodbath as my portfolio is now turning into green. Its is the best time now to accumulate and hoard more bitcoin and altcoins. After this dip, pump will be the next trend. More profit for those who bought during the dip.

[audaciousbeing]

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

I wont rejoice too soon that the dip is over because the same show of event happen sometimes last week or thereabout when the price rose from the $13000 region to go about $15,000 at that point everyone would think the coast is clear and static scenario has been broken finally but few days after that, we faced a massive dip in which no one could have imagined its going to happen.

Rather I would say we are gradually moving to the green position and this point is even a more fragile position because at this point if we face any crash in price, it will go below what it went yesterday which would even be more drastic. What is needed is a gradual increase in price to a point where we can conveniently say the dip is over.

[Kemarit]

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

I think we are slowly getting up from the ground. Its been fluctuating above $11,000, but I will still be cautious though, wait it out around 2-3 days before we can be for certain that the crash is over. Sometimes we all rejoice seeing that it is recovering, but we don't know what the sentiments of the market are. We want all the bears to wake up from their hibernation to kick another rally, but we really don't know if they will start to flock the market again. Just look at it at the bright side for now, we are seeing not only bitcoin but the whole crypto has started to gain some semblance of a rally. And if this continues in the next couple of days then we could all relax and breathed a sigh of relief.

[mk4]

Sure, we're definitely in the greener side as of now, but it doesn't mean it's going to continue to go up for weeks. Though it's a bit unlikely for the markets to crash more, we could possibly have another bull trap in a few days. For now just keep an eye out on the markets.

Conclusion: Is the dip over? No one knows.

[mobnepal]

It kinda seems that the dip is over... Most people now will start panic buying after seeing those 24h +20% gains... The market will rise again and all these FUD posts will finally have an end without bitcoin reaching the kind of prices they said aka 5k$ lol

FUD is not over yet and it might come again when end date for next future contract mid of February will come near. Many wall street bulls are opening position on future contracts against market to make maximum profit by end of the contract date just like they have made on yesterday's huge dump.

I will advice to sell some of your alts + btc when bitcoin will surge to near $15k.

[layoutph]

We cannot say 100% with confidence that market is back to normal. Theres another fear that says that the next Bitcoin pump is just a cat bounce then another huge crash , where Bitcoin will back to $1000. I guess if BTC touches 7k this is the start of crypto apocalypse.

[Blogosphere]

while btc has recovered a bit, it is hard to tell whether it's the end of the correction or not... stay safe by not buying the dips

[BitcoinHodler]

it seems to be over and bitcoin price has been recovering nicely, just as it was expected.

This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.

the result of the dip may be good for the market only because it kicked a lot of the weak hand newbies out and they gained a lot of experience from their mistakes and they won't repeat it again.

but nothing about it was healthy! it was pure manipulation with a lot of FUD.

[Crypto Lion]

While the dip is over, you have to always stay ready for when it does happen again. Lots of investors lost a lot of money during the process and its best that you prepare yourself by selling some altcoins when the price is high, and always invest what you're not afraid to lose.

The dip is never over, but it has subsided for now.

[BitcoinBallerina]

I think the dip is mostly over. Bitcoin is recovering and so are the altcoins.

[monergo]

Seeing a clear uptrend already, went into more Monero on time 

[shulio]

Short time trend is upwards but the danger is not over yet. The price may still go as low as 7500-8000. If the price passes over 13500 with high buying volume, we can say it is over.

[BabyBoss]

That was supposed to be common since the price of bitcoin is very low now and almost all of the exchanges now are giving the price lower than we expected. What should we feel? It's either become sad because from $20,000 last December today it's only $9,000 whata big dump. Or it's either become happy because it is the eight time to buy back again for the better future. So, maybe we will go more deeper this coming last week of January well we need to be ready since btc market is like that.

[Borisb52]

As everyone knows, constant price growth does not happen. The current price correction in the market is a consequence of continued growth at the end of last year. Corrections are needed by the market. Without them there will be no growth.

[superjeyy]

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

I wont rejoice too soon that the dip is over because the same show of event happen sometimes last week or thereabout when the price rose from the $13000 region to go about $15,000 at that point everyone would think the coast is clear and static scenario has been broken finally but few days after that, we faced a massive dip in which no one could have imagined its going to happen.

Rather I would say we are gradually moving to the green position and this point is even a more fragile position because at this point if we face any crash in price, it will go below what it went yesterday which would even be more drastic. What is needed is a gradual increase in price to a point where we can conveniently say the dip is over.

I couldn't agree more with audaciousbeing. Everything she said is true, it is still too early to tell that we have surpassed the decline despite seeing the green marks. We can see improvements though which is a good sign, however we should see a consistent trend (despite the volatility) over time before we can confirm the dip is finally over. Maybe we can give it a few more days. Let's keep observing and hoping for the best. In the mean time, let's maximize the opportunity and do what's best of the situation.

[Jating]

Do you think we've seen the worst of this dip for now?
Bitfinex cryptowatch shows the lowest deal on BTC for this time was 9,231$ which was just about a Fibonacci retracement (almost on point). I am not using TA normally, but I am considering it when thinking about the market. For now, it looks like the worst is over. This dip might be a healthy thing for the market, and CAN be the catalyst for another run-up.
What is your take on the situation?

Not by a long shot. This correction would go on unless some big whales or financial institutions once again pump the price. We may have seen that the price is on the positive side, but I'm still crossing my fingers and hope that in the succeeding days, everything is over and market will go on a bull run.

Short time trend is upwards but the danger is not over yet. The price may still go as low as 7500-8000. If the price passes over 13500 with high buying volume, we can say it is over.

So today is critical, if we see the market test $12K today then it will be just a matter of time to get to $13K. But its too early to really call that everything is back to normal now. All we can do is just wait it out for a bit.