📉 Bitcoin (BTC) has fallen 21% from its all-time high, and could hit $50,000 in the near term, based on historical patterns. The current correction is the deepest of this cycle, surpassing the 22.9% retracement of early 2023. Bitcoin lost a significant support level at $59,000, which could lead the cryptocurrency to revisit $50,000, according to Jag Kooner, chief of derivatives on Bitfinex. Do you think BTC will fall to $50,000? Comment below!