The dip is fud it was caused by a collaborated attack by the big institutions who have decided 20-30k range is the bottom and that’s the level where they will fill their bags knowing if they control a big enough share of the market, they can lock up their assets and watch the prices rise, they don’t sell they won’t sell and they will never sell. This is it the institutions have bought in to the crypto hype right Infront of our eyes and its to the moon from here. Buy a 30k btc before you FOMO into buying a 90k btc in January!
Overall I do not think the downtrend will last very long once people realize what the institutions already have, that btc price is irrelevant to the long term gain that has been proven over and over again.