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Bitcoin's Price Tumbled 18% in June. Here's Why It's Still a Buy This Summer.

The Motley Fool·
Bitcoin's Price Tumbled 18% in June. Here's Why It's Still a Buy This Summer.

Bitcoin fell 18% in June, briefly dipping below $60,000, marking its worst month since 2022. However, the author argues this decline is part of Bitcoin's predictable four-year boom-and-bust cycle. Despite record ETF outflows, institutional investors and sovereign wealth funds continue buying Bitcoin. With historical Q4 strength and potential catalysts like the Strategic Bitcoin Reserve expansion, the author suggests Bitcoin could recover to $100,000 by end of 2026.

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