Analysts say Bitcoin could sink as low as $50,000, but strong macro conditions and an entrenched “buy the dip” mentality will quickly rebound BTC’s price.
Bitcoin crashes to $53K, but analysts warn the worst isn’t over
![Bitcoin crashes to K, but analysts warn the worst isn’t over Bitcoin crashes to K, but analysts warn the worst isn’t over](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvZDk0NTljYzItOWJlNy00OWM0LTlkZTAtNDk3YzMzYjc3NDg2LmpwZWc=.jpeg)
Analysts say Bitcoin could sink as low as $50,000, but strong macro conditions and an entrenched “buy the dip” mentality will quickly rebound BTC’s price.