<p><img src="https://s3-images.ctmedia.io/media/article-covers/bear-bang-reg-falling-bitcoin-1.jpg" alt="Bitcoin drop to $58K brings out bears: Is BTC’s next stop below $50K?" class="type:primaryImage"></p><p>Bitcoin’s crash to $58,000 confirmed a bear flag breakdown, setting a new price target of $54,000 or lower.</p>