3 money management CEOs overseeing $150 billion break down why bitcoin will flourish despite regulatory uncertainty – and explain how the digital currency will continue to mature into the $200k-$400k range

• After breaching a record-high of $58,000 last Sunday, bitcoin slid to $47,000 on Friday.
• Despite regulatory uncertainty, three CEOs of money managers are still bullish.
• They explain why bitcoin is still in its early stages and set to mature into a gold-like market cap.

Is bitcoin entering a bear market? 

After the digital currency slid from its record high of $58,000 last Sunday to $47,000 as of Friday afternoon, its biggest weekly loss since a 33.5% decline last March, some skeptics are saying bitcoin is on the verge of falling into, if not already, in a bear market. 

Unsurprisingly, bitcoin bulls see the decline as more of a healthy pullback or opportunity to buy the dip.