BlackRock Says the Long-Term Investment Thesis for Bitcoin Remains Intact. Is Bitcoin Now a Buy?
Bitcoin's 40% decline in price is nothing to worry about, as long as you focus on the long term.
Overview
Even with its recent mini-rally, Bitcoin (CRYPTO: BTC) remains nearly 40% below its all-time high from October 2025. But that's perfectly OK, says asset management giant BlackRock (NYSE: BLK), because the long-term investment thesis for Bitcoin remains unchanged.
If that's the case, then is it time for investors to start buying Bitcoin again? Let's take a closer look.
Details
According to BlackRock, Bitcoin's steep decline can be chalked up to "idiosyncratic deleveraging and flow dynamics."
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.