Dip over?

[ICOcosmos]

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 might have been the dip or the beginning of the new downtrend. Seeing as so many people are trying to enter the space I Think its just the dip.

[Captain_Planet]

Its certainly not over yet, the crypto market is still very much uncertain and waiting for the updates from China and Korea.

[Hexah]

I am sure the dip is really over as per total market cap by now of over $830B right now I think that is pretty fast to regain that capital for a just couple of days after the dip. I would really say that on the coming months I will se a trillion dollar for it's total. And I am also having faith of what John Mccafee said that cryptocurrencies will never come to an end because there are to many people sharing FUDS all over the internet during the dip but it didn't threatened me but keep holding of what I hold.

[Fippy]

It is over for me, but maybe some altcoins will keep going down for a while untill all the trust that is "lost" will flow again to the markets in form of money, lmao.. But yes, some altcoins are bleeding right now, like QSP.

[ethereumhunter]

I am sure the dip is really over as per total market cap by now of over $830B right now I think that is pretty fast to regain that capital for a just couple of days after the dip. I would really say that on the coming months I will se a trillion dollar for it's total. And I am also having faith of what John Mccafee said that cryptocurrencies will never come to an end because there are to many people sharing FUDS all over the internet during the dip but it didn't threatened me but keep holding of what I hold.

there will be a time for bitcoin to rise again and I agree with McAfee that said cryptocurrencies will never to an end because this is a new technology that we need to follow and it will give some benefits for us and will change our lives in the future. I am sure that bitcoin will increase more this year and we can see that bitcoin will have a new phase which more people will attract to bitcoin. although there will be a dip over that might be happening in the future, bitcoin will still survive.

[bitcoinmaniac52]

Most coins price is rising. Some coins are still down.

[khanhtr]

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

The market is gradually stabilizing and will grow again

[nl247]

It is obviously healthy for the market and it was expected to happen anyway after the huge bull run for months that looked like it was not going to stop. The market looks okay for now, but I have not seen the huge buying strength yet, so we may go sideways for a while and see the next thing that happens. Obviously we may end up seeing another testing of the previous support or maybe start kicking resistance out of the way. Let's see how it goes.

[yamortsac]

Yrs I agree I think dip is over and it starting to increase again. Many were given a chance to buy more bitcoins while the price is falling down. So I guess many investors now are panic buying bitcoin  hoping to buy more while the price is still low.

[Ciscopro2000]

Yes it looks like the dip is over and prices are starting to recover.  I was hoping for more opportunities to buy some more but I guess I missed it for now.  In this market there will be many more wild swings so I’ll just wait for the next one to come. 

[budz0425]

It is obviously healthy for the market and it was expected to happen anyway after the huge bull run for months that looked like it was not going to stop. The market looks okay for now, but I have not seen the huge buying strength yet, so we may go sideways for a while and see the next thing that happens. Obviously we may end up seeing another testing of the previous support or maybe start kicking resistance out of the way. Let's see how it goes.

Thee days ago bitcoin dropped to $10,000 and it is worth over half of its peak value as it dropped over $1600 as well as to other cryptocurrencies just like ripple, bitcoin cash and litecoin also incurred deep losses at 30-40 % according to coinmarketcap, but now  it is getting better as price is now recovering, hope that the investors will come back again to invest, although some experts were saying that real recovery of the price will be at end of the first quarter.

[BitHodler]

although some experts were saying that real recovery of the price will be at end of the first quarter.

What experts are you referring to? Don't believe anything self claimed "experts" are coming up with. It's nothing more than a guessing game they try to participate in, and that's basically it.

If these people were experts for real, they wouldn't keep missing the point and compare Bitcoin's market with the traditional markets that are in bubble territory once the price increases with 15-20% in a short time.

And on top of that, what is a 'real' recovery? If we look at the $20,000 mark that we almost reached, then it wasn't really a correct reflection of the market. It was just speculative hype regarding the future markets.

If there wouldn't be any future markets going live, we probably wouldn't even have gone through $15,000 last year. We just have to remain realistic when it comes to the $20,000 peak. It was far too inflated.

[aoihs00]

I think that everything is going just fine here. I mean the recovery has already started and the current rate of the BTC is @12.5K USD. This is really relaxing moment when you buy bitcoin at the rate of @9.5K and after two days of that the rate increases like that. Im very happy at this moment because after reading so much about the dip and its advantages I had investment into it two days ago. Now, here I am again having more money into my account. This is not the end yet, BTC has to see that 20K again which it saw last year. If people keeps trusting bitcoin like this then we will see some awesomeness into it soon enough. :-)

[logicgate]

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

This thing was very much expected that the market value of bitcoin and other crypto coins will soon rise and this is what is happening exactly at the very present time too. This is just the beginning of the good days for those who kept on holding their nerves as well as their coins at the time of dump as the market value of all the coins will continue to increase in a similar fashion in comings days.

[Shamie1002]

Kinda, still I am not assuring that $12.4k will be stable mark for now. It was about $11.3k mark in 3-4 days and thinking that its increase is a healthy one.
Prices are still moving aggressively and I also think that the FUDs spreading is one of the factors.
Hoping for a steady mark with a bit of an increase. I would not be asking to much. I'd want a stable price or less volatile one rather that seeing it go skyrocket then fall that much again.
If I were you I won't be worried by this time. It's recovering again.

[Kemarit]

As my previous, I said that we need to wait at least 2-3 days and see how everything will turn out. And obviously bitcoin price made "significant" move to over $12,000 now, so I can say that its over and started to warm up. So its really good to see bitcoin already making a comeback, weak hands is gone and we might see some rally in the next couple of days. FUD will stay, that's for sure, but I hope that those newcomers have learn their lessons well from the market crash. I guess its a slow recovery from now on, because as I have said, FUD still lingers in the air, investors sort of reluctant the way I see it. And I agree with @BitHodler, those bitcoin future contracts really push the price last year, so reaching $20,000 is still possible, but don't put to much hope on touching that price immediately.

[Granxis]

Frankly, when the price of Bitcoin goes down to the level of $ 8,800, everybody is scared, in this case the buyers get the profit in a short time, hopefully not such a sudden drop again.

[HENKHENKHENK]

I agree somehow with the general consensus over here. The market is recovering and I am confident that it will at least rise for at least another 3 weeks. I think fluctuations will follow but not as hard as we have seen last week. Keep in mind that China's Lunar New Year holidays come up and they will sell a lot to prepare for it. I would just see it day by day and if we see signals which look like last week, maybe selling isn't such a bad idea to buy back cheap....

[StraddleHQ]

China festival is the major reason for dip but we can expect more dip in 14000$ range, sure now it will flow up to 14k.

[Kingofbitcoin12345]

The worst doesn’t meant bad for everyone in some point.. Those who sold at that time because of panic and fear been in nightmare as the recovery is going on now.. I’m saddened for they’re emotional state now but this will make them more matured about how cryptocurrency work and what should the best approach.. Dip or decreases is normal if not then this is not investment.. Lucky to those who hold and buy..