Should You Buy Bitcoin While It's Under $85,000?
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Bitcoin (CRYPTO: BTC) soared to an all-time high of $106,182 per coin in January. With the fourth Bitcoin halving firmly in the rearview mirror and a more crypto-friendly regime in the White House, the original cryptocurrency looked ready to skyrocket like it did in 2020 and 2017.But it hasn't worked out that way. Bitcoin is down to $79,200 as of this writing on April 8. That's a hair-raising 25% price crash, well ahead of the S&P 500 (SNPINDEX: ^GSPC) stock market tracker's 19% drop.Is this the start of a three-year crypto winter like the one you saw after the 2017 peak, or is it a temporary pullback like in the spring of 2021? Nobody knows for sure, but here's how I look at the Bitcoin situation today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool