Following a $1.3 trillion rout, Bitcoin's collapse is prompting crypto veterans to question when the market will hit bottom and create a buying opportunity, with many fearing further pain.

Investors who typically seek out Bitcoin's lowest prices are now reportedly turning their attention to emerging opportunities in the AI sector and the potential SpaceX initial public offering.

Bitcoin is experiencing a significant price crash, with some analysts describing it as a 'Ponzi Scheme' collapsing, while 'bottom hunters' fear further losses after a $1.3 trillion rout.