Dip over?

[Chronos_angel]

That should be common because bitcoin prices are very low right now and almost all exchanges are now giving prices lower than our forecast. What should we feel? It got sad because from $ 20,000 last December it was only $ 9,000 which is a huge dump. Or either be happy because it's time to buy back a better future.

[Davinus]

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

I've made huge gains from the last dip.. it was not a big deal, you seriously need to buy after all dips, and there isn't anything new with this. Sell at all time high's, just buy on dip's, there is no a "secret" formula in here. All those who are always afraid of what can happen are the only ones who are selling everything because they are just "scared".

[Vibr56]

We seem to be stabilizing above $11k, but this also means that it is uncertain whether the next big move will be up or down...

[RedzoneASE]

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 guess the dip is not over. Thinking the quick dip of BTC which has 2 days length that hit almost 9k$. It is not the worst dip. It may occur again for some time. But still I agree that it is beneficial in market. It helps to circulate the   currency more and it is making it more active. We are waiting for the worst dip so that we can jump in.

[vintages]

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.

In as much as we all wish that the dip is over,  we can still not be vividly sure. The dip was predicted historically, yes and we had one few days ago. Does it ever occur to you that maybe this dip that occurred is not the one that the history predicted? That probably another is coming and it is heavier than the one we recent had? We all hope for the best but let's not be quick to conclude yet.

[boyshx]

We can't predict that so surely at this moment
 We need to give at least another one week for the recovery and then we could talk about different analysis here. The market is uncertain in many ways for now. We don't know the after effects of different bans and neither do we have any clue about the future bans. They could be tomorrow or never. Let's keep the watch for some more time buy for now we could just say that we are in neutral stage.

[Nerman]

I am pretty sure no one can assure you a 100% that the dip is over and to be honest i was wishing for the prices to go further down so that i could buy more. If you have studied your coin and confident that what you have is a great coin. No matter how deep the price decline you do not need to worry because in the long run you will definetely gain profit.

[political1907]

I think it is not over. It will continue to stabilize for a while. But soon we can see dip again. So we must be cautious.

[vijendra singh]

It is very difficult to say till now that Dip is over. We are hopeful the Bitcoin rates might go up after this correction but still traders are not feeling safe. If it crosses 14000$ then we may call it Dip Over.

Lets hope for the best  !!!

[ethereumhunter]

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 can get increase soon although the price now is up and down too much. but I don't know what will happen later because cryptocurrency especially bitcoin is too volatile and could make every people get panic. but maybe $9231 is the lowest price that we've seen and it will not be dropped until that price again.

[crypto33]

Wouldn't bet on it. I'm holding off any trading until we see some kind of confirmation that the bulls are back in control. It's almost impossible to predict a sideways market. Having said that if we see a significant drop to around $8000 I think we might then bottom out at around 6k which will produce a great shorting possibility.

Just my 2 cents though.

[lablab03]

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?

this is not the first time that bitcoin fall dip.  Cause in the past year we experienced the most worse dip ever which is bitcoin price turn back to 6k but after a days it jump to the high value. And this circumstances is not the worst price of bitcoin drop cause it still in a high price.

[FrueGreads]

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 know the basics from technical analysis, and looking at the daily and 4h charts I would say that the market is still divided and we are not out of the woods yet. Bitcoin is holding support at the $10k, and every time it crosses that mark, it finds it's way back up, and this is a good sign. On the other side, it's facing resistance at $12k, so we need to see a break of that level, and then follow through so that we are sure that the recovery is taking place. Right now, I think the market is in equilibrium between those to levels, and it might stay there for a few days, before another break occurs. Only on that break we will see if we are "safe" or not.

For the long term holders nothing of this should be a problem though, because if we look at the weekly charts bitcoin is still performing very well. We had a big run, now we are having a pullback, and we will probably continue the uptrend.

[Flor1982]

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?

Maybe the crash is over or all coins that owned by the South Koreans are all dumped as they have no choice but to dump their coins but still we must not relax because we really don't know what will happen next as their are no confirmation from the news that bitcoin and other coins are bouncing back that the crash is over and we survived again from this corrections in which is already part of bitcoin history.

[Arlibtchunt2018]

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?

In my view the dip that happened is not the worst. It might happen again and it will go lower than the last dip. It would be the best opportunity to jump in.Expecting the next dip would occur in the next few months.

[Cryptosenf]

Right now i'm thinking we will see another dip. If not i missed a good buying-opportunity

[ici_lemmy]

no no I dont think so. dont think this is a bear trap. people should carefully before invest again

[Mankov]

Cryptos can recover very fast, too fast, in many cases. I`m not sure if analayzing charts makes sense in cryptos.

Example:  

https://coinmarketcap.com/currencies/cindicator/

[CryptoRothschild]

Which Fibonacci level did we reach in this dip? Knowing this is useful to understand if there are further possible Fibonacci retracements sitting and waiting even lower.

[vinbentrob]

Lets hope so!  Bitcoin has rose more than 10% in the last 4hrs.  Some Altcoin are also recovering though the recovering is slow.  This month is probably will be dominated with bear!