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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