Bitcoin Price Drop Masks Long-Term Trend, Says Expert

Bitcoin's recent price drop has caused concern among investors, but experts say it may be a sign of a long-term trend. The cryptocurrency's price has receded to $64,492, which is nearly 50% below its all-time high in October. Despite the decline, institutional adoption of Bitcoin continues to grow.

A report by BeInCrypto suggests that this decline in price may be masking a structural bullish trend for Bitcoin. According to the report, despite the volatility, Bitcoin's long-term trend remains positive.