The current debate surrounding Bitcoin's price movements revolves around whether the bull market has already ended or if it is just a period of consolidation before reaching new highs. Despite concerns, Bitcoin has shown resilience by staying above key support levels. Price pullbacks are a challenge for investors in a bull market, as fear of a premature bear market can lead to hesitancy and missing out on potential gains. However, looking at past bull markets, short-term dips have often been followed by recoveries and new all-time highs. Institutional and retail interest in Bitcoin, along with its appeal as a hedge against economic uncertainty, support the argument that the bull market is not yet over. Understanding market cycles, maintaining a long-term perspective, and recognizing Bitcoin's fundamental strength are important for navigating the current landscape.
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