The price of Bitcoin is currently experiencing a bearish trend, falling below $42,000 and prompting speculation about its future trajectory. Despite this, platforms like Paybis are making it easier to purchase Bitcoin using credit cards, increasing accessibility to the cryptocurrency. Bitget, a cryptocurrency derivatives exchange, remains optimistic and predicts that Bitcoin could reach $100,000 in the next bull market. Additionally, the announcement from SEC Chair Gensler about reevaluating spot Bitcoin ETF filings suggests potential regulatory changes that could impact Bitcoin's path forward. Overall, the article emphasizes the potential risks and rewards associated with investing in cryptocurrencies and highlights various factors that could influence Bitcoin's price.
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