Bitcoin Price Slumps Below $30K But Long-Term Outlook Remains Bullish
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Bitcoin price remains below $30,000, down over 60% from its all-time high in 2021. Buying at this discounted price could pay off long-term.
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Major potential catalysts on the horizon like the Bitcoin halving in 2023 and possible SEC approval of spot Bitcoin ETFs.
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More dovish Fed monetary policy in the future could prove favorable for Bitcoin price.
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Patience is key - don't expect Bitcoin to soar in the next 12 months. Take a long-term, multi-year view on owning it.
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Prominent investors are bullish on Bitcoin's future prospects over the next decade despite near-term uncertainty.