Bitcoin gets new $50K target after BTC price crashes 6% in a day

60-second summary

Bitcoin price bets are now targeting a $50,000 return after a 6% daily crash, resulting in $1.25 billion of crypto positions being liquidated. Market volatility is driving this shift, as investors reassess their risk exposure. The sudden price drop has sparked renewed speculation about Bitcoin's future trajectory, with some analysts predicting a possible rebound.