Has the dip passed?

[Questat]

It seems the crypto market is not in bear condition anymore. So, we can say that the dip has passed! But no one can ensure you about it. Because when BTC price went to 7500 USD from the 9100 USD, we thought the price may keep falling down! Where the price starts growing again! It's a little bit confusing for me!

Don't get confuse with this short term movement, it's good seeing it moving sideways, but never loss the optimism on Bitcoin.
As I wake up today, I was happy seeing the price back to $8100 again, we've been not this range for weeks I guess but good thing now it started to climb the ladder again, bitcoin has to break its high this year and maybe we can welcome BTC at $10,000 soon.

[1Referee]

It seems the crypto market is not in bear condition anymore. So, we can say that the dip has passed! But no one can ensure you about it.

That depends on what level you consider a confirmation of a bear market that has ended. For some people that may have been the $6400 level, but for others that might very well be the psychological $10,000 level. If you're very strict, you could even say that the $9000 wick might have even been a lower longer term high, so as you can see, it's a very subjective matter.

To counter the above, you can also look at the all time charts where each year represents a candle, and there you can see what we never really had a bear market. In other words, you can make charts look as bearish or as bullish as you want them to be by playing with different time frames.

[EdenHazard]

After every bull run, there is always a dip that will follow but looking at the price chart of Bitcoin it seems that Bitcoin already passed the dip and is now heading to the bull run again. Although it takes almost a year to actually see the bullish market while we are under in a bearish for a longer period of time.

We cant really say that the dip had passed yet anytime the price can crash on where it was before.

We have seen how many times of these kind of scenarios where we do pump then dump for a short period of time.
So we cant basically tell on what would be the price would be considered as dip.

Pump and dump are rarely happen in bitcoin price even for several years when bitcoin price reach an ATH the pump and dump scheme are not happened. The price crash was affected by some information and the sentiment market itself. I haven't found the decreased price came when there is no negative information. The pump and dump scheme only happen on altcoin market which is the price still low and many centraliezed coin out there.

[Moiyah]

I have been in here from December of 2017. This means I had never experienced a complete bear market before. So I want to ask the veterans: Has the dip passed? What is your opinion of it?

As what others say the dip has "maybe" pass,but dont feel confident just because we are seeing bitcoin rose up from the bottom of the bear market to where is it right now,the dip maybe has passed but may comeback in anytime bitcoin may slide down again were not sure untill it happen but hopefuly its not gonna happen

Yes, we can't fully determined if the bottom is through or this is just the beginning of the downfall. We can see the market is hard to reach $8k, though it is $8k now but we can never predict if where the market is leading it's way to. The only hope we can hold on to is fot the market to finally go up. Sure thing the halving event but it is next year so this time, only waiting for the good news.

[bitcoindusts]

I have been in here from December of 2017. This means I had never experienced a complete bear market before. So I want to ask the veterans: Has the dip passed? What is your opinion of it?

If you have been here since Dec. 2017, you’ve probably heard and witnessed partly when it was in its highest value and after that from beginning of 2018 till lately this year (not talking about 2-3 months ago), you might have known how it went down dramatically until it is little by little gaining its recovery lately, so you cannot really say that you haven’t experienced bear market.

[Distinctin]

I have been in here from December of 2017. This means I had never experienced a complete bear market before. So I want to ask the veterans: Has the dip passed? What is your opinion of it?

If you have been here since Dec. 2017, you’ve probably heard and witnessed partly when it was in its highest value and after that from beginning of 2018 till lately this year (not talking about 2-3 months ago), you might have known how it went down dramatically until it is little by little gaining its recovery lately, so you cannot really say that you haven’t experienced bear market.

I'm proud I witness that and I'm proud I did not panic though I have a small regret.
I've witnessed a long bear market, most of it happen in 2018 and that teaches me a lesson to hold and not to be greedy because market will recover and we will definitely see a new high that is not brought by hype only in the market, and I believe the the uptrend started already this year.

[Cherylstar86]

I have been in here from December of 2017. This means I had never experienced a complete bear market before. So I want to ask the veterans: Has the dip passed? What is your opinion of it?

If you have been here since Dec. 2017, you’ve probably heard and witnessed partly when it was in its highest value and after that from beginning of 2018 till lately this year (not talking about 2-3 months ago), you might have known how it went down dramatically until it is little by little gaining its recovery lately, so you cannot really say that you haven’t experienced bear market.

   Well, we are witnessing how the market surpassed and totally recover  in a gradual way. Thus it break out the desiring peak which motivate  people to specualte it bountuful outcome will difiitely occur in the near future. And I am hopeful that it will contunue to grow persistently.

[Cheesus]

Though the market tells the dip is over but it can come anytime soon! Because bitcoin needed to touch the under 3K USD but it didn't! Though those were prediction but still I can't be sure that the dip is over. Bitcoin price went to 9K USD through months, and it can go down to 6K USD within 15 days. So, it is better to play safe!

[Questat]

Though the market tells the dip is over but it can come anytime soon! Because bitcoin needed to touch the under 3K USD but it didn't!

Who said that, needed? I don't think so, that is your opinion, we dipped already and we will never go below 3K again, don't miss the chance to still buy bitcoin if haven't bought yet as this will once again might go to the moon, we are about to go double digit this year, we need 1K usd, then boom!

[Reid]

Though the market tells the dip is over but it can come anytime soon! Because bitcoin needed to touch the under 3K USD but it didn't!

Who said that, needed? I don't think so, that is your opinion, we dipped already and we will never go below 3K again, don't miss the chance to still buy bitcoin if haven't bought yet as this will once again might go to the moon, we are about to go double digit this year, we need 1K usd, then boom!

Yes.
I want to know too where he got that idea. Let me have the name to search it if it an analyst or just one guy that predicts the bitcoin price.
Somehow if he is known then I could unfollow him or block anything that relates to him so that I wont see that kind of idea.

That is way too much pessimistic view. 3k USD? It may be impossible by now to be dumped at that number again.
Last month 6k was my deepest analysis but it didnt happen which is good. Now, it is just 7k which could be the deepest it could get or maybe 7500.

[Naida_BR]

Though the market tells the dip is over but it can come anytime soon! Because bitcoin needed to touch the under 3K USD but it didn't! Though those were prediction but still I can't be sure that the dip is over. Bitcoin price went to 9K USD through months, and it can go down to 6K USD within 15 days. So, it is better to play safe!

Indeed. The sharper the increase the sharper the downfall.
I think that the dip has passed at least for this year but I am carefu because of a sudden decrease in the price.

[freedomgo]

Indeed. The sharper the increase the sharper the downfall.
I think that the dip has passed at least for this year but I am carefu because of a sudden decrease in the price.

Everyone has to be careful, that's how we treat our investment due to its risk, I think last year gave us a lot of lesson and we will be pretty mature this time facing the possible same scenario.

[FanEagle]

Depends on what we mean by the dip, there are many dips in the crypto as of right now, the 3k times were a dip, the 6k times were a dip and most recently 8k was a dip. Now you may think that we are at 9 thousand dollars right now so the 8 thousand dollars should not be a dip but honestly whenever we drop thats the price we hit and will we ever see those numbers again is a valid question and the answer is we probably will.

However, the other ones are different, will we go under 7k ever again? I am not sure, is there a possibility? Yes but does that mean we will? No. I think thats a unlikely but probable number. However those 3k times are looong gone, if you ask me we will never hit those numbers ever again, it will be way too long to fall from all the way here to there.

[bitbunnny]

At the moment it seems that we overcome dip but that still doesn't mean that the price will further grow only. Corrections are possible at any time and actually I wouldn't call recent lower price a dip but smaller correction.
Although it looks like price is heading towards 10000$ be prepared for this not to happen and price might gow to 8000$ or even lower again.

[Kemarit]

At the moment it seems that we overcome dip but that still doesn't mean that the price will further grow only. Corrections are possible at any time and actually I wouldn't call recent lower price a dip but smaller correction.
Although it looks like price is heading towards 10000$ be prepared for this not to happen and price might gow to 8000$ or even lower again.

Yes, every market has to experienced corrections, there is no market that will go on a parabolic rise. Currently we have seen the market going down, about 1%, not that big amount but still the mental barrier of $9000 is too much and speculators tend to sell at this point. As far as $10,000, we will see, this correction might ended up around the $8500 price again so we will back to where we previously started prior to the growth above $9000.

[South Park]

I have been in here from December of 2017. This means I had never experienced a complete bear market before. So I want to ask the veterans: Has the dip passed? What is your opinion of it?

A dip is a small decrease in the price what we experimented at the end of 2017 and at the beginning of 2018 was a crash and then a bear market where investors lost confidence and many abandoned the market, I think it is safe to say that we have left the bear market behind, not only the price has gone up significantly, during the last 20 weeks 15 of them have been positive with only 5 being negative and of all of those negative weeks only one presented significant losses to the market and since then we have recovered all the lost ground.

[Seeker#9]

If you are talking about last year's prolonged market dip, I think it's over now because bitcoin is already on uptrend since the start of this year. But short dips will still happen even in the bullish market because the price needs to correct after an uptrend and it can't be avoided because itis part of the price cycle. At present, bitcoin is still going up and expected to reach $10k soon before it will go on dip temporarily.

[Duzter]

With cryptocurrency it isn't possible to predict the next move of bitcoin. The market can move anytime forward or backward, the price dip happens quite often. The price fluctuation happens regularly, and in recent days there isn't much of bearish move. Possible this time it seems to reach $10000 before the month end. If it isn't attained we can reach $10000 after a price correction which might get initiated within few days.

[el kaka22]

I believe the price is still going really high, today it reached close to 10k finally and we haven't been here for a long long time, it is really not that hard to say that the dip has passed for sure.

I do not even think that 7.8k is possible anymore for a long time, we can hit the historically 11.5k resistance very soon, I know it will be a challenge but the day you see bitcoin at 11.6k (or maybe even a big higher) know that not only the dip has passed but we are also going for a huge skyrocketing price surge and the all time high will be in our grasps very soon. It may take some time but right now it looks like it will be quick.

I would suggest everyone to get as much bitcoin as they can but I do not like to give these types of advises on the chance of not being right.

[Febo]

I have been in here from December of 2017. This means I had never experienced a complete bear market before. So I want to ask the veterans: Has the dip passed? What is your opinion of it?

Not sure what you understands as a dip. Thee is bottom. That happened in December. We had long 5 months from November to May when you were able to buy cheap Bitcoins.  Yes those months are behind us. From now on yes you might still be able to get cheap Bitcoins but at rare chances. Maybe hope someone will have fat fingers on exchange and crash price but you need to have active buy orders for that.  But this dont mean Bitcoin is not worth to buy anymore. It is since price in two years time should at least at some point breach $100k.  So buy buy buy whenever you can, no matter that you buy at higher price then $5000.