Seeking Alpha
2022-06-28 11:16:02

Bitcoin: The Next Bull Market Will Likely Start Soon

Bitcoin's decline has been epic, but the bear market is probably not over yet.Bitcoin doesn't need to produce anything. The digital asset is the closest thing to a global currency.The tightening monetary atmosphere creates a challenging environment for Bitcoin, however, as the Fed begins easing again Bitcoin should surge.Don't give up on Bitcoin. The next bull cycle should be massive, and Bitcoin will likely hit a new all-time high much higher than $70,000.

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