๐ Despite a 160% rise since the year began and Bitcoin reclaiming $43,000, experts suggest there's substantial upside potential ahead, with Hal Press of North Rock Digital highlighting Bitcoin's growing role as a global macro asset and its increasing market dominance. The demand for Bitcoin as a store of value and expectations of regulatory clarity, including a potential Bitcoin spot ETF approval in the U.S., contribute to this positive outlook. Analysts at altFINS emphasize that institutional investor inflow and ETF hopes are driving the rally, while monitoring global macroeconomic trends and central banks' actions in the fight against inflation remains crucial. ๐๐ช #BitcoinOutlook
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