Should You Buy Bitcoin Below $115,000?
Bitcoin (CRYPTO: BTC), the world's largest cryptocurrency, has been one of the big headlines in 2024. Despite struggling earlier in the year, once falling below $40,000, the token didn't stay down for long, faring much better in the high-interest-rate environment than many expected.
As inflation declined and the prospect of lower interest rates began to materialize, Bitcoin joined tech and growth stocks and rallied, breaking away from the rest of the crypto sector.
Once president-elect Donald Trump won on election night, Bitcoin and the rest of the crypto sector soared. Since Nov. 5, Bitcoin is up almost 50% and has surged past $101,000. Should you buy Bitcoin below $115,000? Let's investigate.
Source Fool.com
