The primary reason is usually price action. It was a classic "failure to launch" scenario. Failure to launch = safe to dump.

On the hourly time frame and below, we formed a strong reversal candle and higher high. Aggressive/FOMO traders thought this would create a trend change, but nobody was willing to keep buying above the $10,200 resistance. At the 4-hour time frame, there was no breakout at all.

It's important to note where price doesn't want to go. Clearly price did not want to go up. Once that fact became very obvious, sellers began front running the next leg of the crash.

We can have a return because the market is volatile, whether you are for short term or long term as long as you are having a target which is realistic, you'll surely get some good ROI.

I'd give an example, this year, the dip was $3500 more or less and price of BTC goes as high as $14K IIRC, and if you sell that time, that would make you so profitable, and even if you failed to sell and decide to sell now, that's still a profit.

Buy when there is dip in the market is the common strategy to get assured profit out of the investment. Here important things need to be considered were the asset over which we're planning to make the investment. It's growth chart for a longer time period needs to be studied.

Even when we buy at a dip it doesn't assure with a profit within predicted time period. This way every dip needs to be considered an investment point, particularly this dip can be used by users who have a separate fund for investment out of the regular earning.

Dip or maybe ATH maybe if traders already can read bitcoin price situation, they can take profit from it no matter in what price they bought or maybe in what price they sell his coin. That is something that we must know as traders.

Very true if you have to buy every coin that is experiencing a decline in price but before that we have to analyze first how the coin after experiencing a decline whether to rise again or the coin becomes worthless after the decline and choose coins that really have been proven in  trade and have registered in several exchanges

you are right. but how will we know that it is dip. the market keeps going red for more than 1 year and deepest levels never end. (i also bought and have been holding but still not pleasent  )

actually i do believe that "new money" is always coming in. the difference in different times is that sometiemes like now the new money is also seeing the uncertainty so it decides to wait a little bit so that maybe it can find a better entry point. additionally because most traders are doing the same thing too, the "whalecumulator" can easily place a sell pressure on the market enough to keep the price at the level they want so no matter how much "new money" comes in, price stays the same.

There would always be a control according into their likings yet we know that these people do have the capacity on maintaining or moving prices according to their likes.

Waiting for some entry and planning for an exit route will always be the target.No matter if theres new money or not to come in.

This has been the first word I remember my mentor told me,to Buy the Dip and HODL until to reached the certain amount you wanted to hit from your investments
No one is losing by holding legitimate currencies like bitcoin and other top cryptocurrency

But no matter what prices brings us,just be thankful and never get rush on profiting