Part 1/7:
Bitcoin's Short-Term Pullback and Long-Term Outlook
As Bitcoin faces recent downward trends, analysts are cautiously optimistic about its long-term prospects. Tom Lee, co-founder and head of research at Fundstrat, has identified a target price of $62,000 for Bitcoin by the end of March. Although the cryptocurrency is currently experiencing a pullback, Lee believes this retracement is not a sign of bearish sentiment but rather a part of Bitcoin's typical volatility.