Bitcoin crashes to $53K, but analysts warn the worst isn’t over


$ 83,632.5
€ 76,656.8
¥ 38,800.0
£ 64,083.8
BTC
-1.29 %
$ 1,824.31
€ 1,672.09
¥ 846.29
£ 1,397.40
ETH
-2.90 %
$ 216.80
€ 198.69
¥ 101.07
£ 166.08
XMR
-0.67 %
$ 83.34
€ 76.35
¥ 38.63
£ 63.82
LTC
0.71 %

Analysts say Bitcoin could sink as low as $50,000 but said strong macro and an entrenched “buy the dip” mentality could see price rebound quickly.