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BlackRock's Mitchnick says bitcoin's risk-off narrative is 'the one to bet on' long term as rally consolidates near $80,000

Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.

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Renewed spot ETF inflows and bitcoin's declining correlation with equities are also constructive signs, according to analysts.

Bitcoin's macro appeal increases as regulatory concerns fade, with Bitcoin reaching $160K by December 31, 2026 at 3.1% YES.