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


$ 80,240.0
€ 73,130.9
¥ 38,800.0
£ 62,708.1
BTC
4.31 %
$ 1,597.74
€ 1,456.11
¥ 772.76
£ 1,246.70
ETH
3.26 %
$ 207.83
€ 189.79
¥ 100.47
£ 162.75
XMR
4.48 %
$ 72.30
€ 65.95
¥ 34.99
£ 56.56
LTC
6.40 %

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.