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Bernstein says Bitcoin’s next bull run could be longer than expected
The digital asset market is entering a new phase of growth as Bitcoin (BTC) approaches the $80,000 mark. According to a new report from the research firm Bernstein, the recent drop to $60,000 represented a clear bottom for the market. Analysts suggest that the industry is now positioned for "asymmetric upside," driven by a combination of professional investment and the integration of traditional financial systems. A team of analysts led by Gautam Chhugani noted on Apr. 27 that the industry's most significant period is still to come. The report highlights that the way people own Bitcoin is fundamentally changing. ... (full story)