In reality most people I've talked to don't see this dip as an opportunity to buy, they see it as an opportunity to count their losses and leave with their lives. A lot of others have greedily put their life savings into BTC and expected a sudden pump to 100k so that they can double up but then due to the fact that they've missed the most important crypto lesson due to FOMO they're left with no choice but to count their losses and pull out their funds rather quickly because of emergency.

That is why i always advice cryptocurrency traders or investors that they should only invest with what they can afford to loose,they should also avoid greed when trading and they need to overcome fear as an investor...they should always know that cryptocurrency trading is not a get rich quick schemd