Should You Buy Bitcoin While It's Under $69,000?
If history is any guide, Bitcoin won't trade below $69,000 for much longer.
Should You Buy Bitcoin While It's Under $69,000?
Overview
Bitcoin (CRYPTO: BTC) has admittedly been a huge disappointment for crypto investors this year. It's down 27% year to date as I write this, trading for just $63,000. That's 50% below its all-time high of $126,000 from October.
But there's still a reason to buy Bitcoin while it's under $69,000. Let's take a closer look.
Details
Bitcoin has a phenomenal track record that dates back more than a decade. Yes, Bitcoin is highly cyclical and can be prone to periods of boom and bust. But here's the thing: The boom years more than make up for the bust years. At least that's been the case so far.
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.
