Ohio, South Carolina, and Mississippi Defend BTC Rights
In a bold move, Ohio, South Carolina, and Mississippi have introduced bills to protect citizens’ rights to use Bitcoin (BTC). These bills aim to ensure the freedom to buy, sell, trade, mine, and self-custody Bitcoin. The goal is to preserve individual autonomy and the decentralized nature of the network. This legislative initiative is crucial in countering anti-crypto efforts and creating “Bitcoin freedom zones” that empower individuals to transact with Bitcoin without excessive regulations.
Bitcoin’s Long-term Bullish Outlook
Crypto analyst Michaël van de Poppe predicts a long-term bullish outlook for Bitcoin despite potential challenges ahead. He cautions against overly optimistic sentiment and emphasizes the need for a cautious approach. While acknowledging the current momentum driven by inflows into Spot Bitcoin ETFs, van de Poppe advises investors to have a clear game plan based on their investment horizon. He anticipates the possibility of a correction in Bitcoin’s price in the short term but expects it to surge past $150,000 in two to three years.
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