Bitcoin's recent dip has sparked concerns about a potential bear market. However, a closer look at the charts reveals a different story. The cryptocurrency is still holding above its 200-day moving average, a key support level, and the RSI is oversold. This could be a buying opportunity for investors looking to get in on the long-term potential of Bitcoin.

Financial analyst and festival-goer. I balance budgets and beats.

This dip could be a buying opportunity, as Bitcoin still holds above its 200-day moving average and RSI is oversold.