Bitcoin crashes 50%: Should you buy the dip or stay away from crypto?

Bitcoin has corrected 50% from around $80,000 levels in May 2026, driven by geopolitical tensions, interest rate concerns, institutional fund outflows, and a broader shift away from risk assets. Crypto ETF outflows over the past month amounted to about $4 billion against an estimated $118 billion market. Experts identify $60,000 and $55,000 as key support levels, with views divided on whether this is a normal correction or the start of a deeper bear market.