Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower. Related posts: Bitcoin rotations into altcoins collapses: Have altseasons ‘disappeared’? Bitcoin price is down over 40% since STRC launched: Is Strategy ‘fine’? Bitcoin price may hit $24K if US stock market crashes by 50%, analyst warns Multi-year Bitcoin holder selling falls to 19-month low as halving model flags new market bottom date