Bitcoin's (CRYPTO:BTC) recent price drop below $54,000 has sparked increased interest in purchasing BTC, with Google Trends highlighting a surge in searches for "buy Bitcoin" to its highest level in a month.

Despite a market-wide correction affecting major cryptocurrencies like Ethereum and Ripple, indicators such as the Relative Strength Index (RSI) suggest Bitcoin may be oversold, potentially signaling a rebound.

The Fear and Greed Index, now in fear territory after months of greed, also points to a potential buying opportunity, echoing Warren Buffett's advice to be greedy when others are fearful.

Investors, particularly from Nigeria and several other countries, are notably keen on seizing this perceived "buy the dip" chance amid crypto market fluctuations.