Bitcoin is in a consolidation phase after hitting a new all-time high of $66,000 in March.

Despite unclear macroeconomic data, Bitcoin's fundamental bullish factors remain strong.

Key bullish factors include the approval of Bitcoin ETFs in the US in 2024 and the recent halving event in April.

Projections suggest a potential 'super bullish cycle' with a price target of $500,000.

Bitcoin's scarcity, decentralized network, and technological advancements attract investors seeking higher returns in a low-interest rate environment.

Analysts predict a bright future for Bitcoin, with price projections ranging from $150,000 to $2.3 million.

Factors influencing these projections include ETF demand, scarcity, and institutional investment.

Bitcoin's solid fundamentals and long-term bullish prospects make every price drop a potential buying opportunity.

Dollar-Cost Averaging is recommended as an investment strategy.