Bitcoin May Not Bottom Until It Hits $3,000, Will Institutional Interest Help?

The cryptocurrency markets have shown an unprecedented level of weakness amidst its latest drop, with most altcoins trading down 90% or more from their highs, and Bitcoin falling to levels not seen since early 2017.
There is now a consensus amongst industry analysts that Bitcoin has to fall even further in order for it to establish a bottom.
Bitcoin’s plunge to its current price of $4,270 first began in late-October and into early-November when it failed to stabilize above $6,500, which sp