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Should You Buy Bitcoin While It's Below $70,000?

TheMotleyFool

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Should You Buy Bitcoin While It's Below $70,000?: https://g.foolcdn.com/editorial/images/872880/an-image-of-bitcoin-on-a-phone.jpg

Bitcoin (CRYPTO: BTC) has fallen to below $70,000, and today, it's been trading below even $67,000. Although the stock market has been doing well and the S&P 500 has been hitting new highs this year, there hasn't been much excitement around the crypto markets of late. Bitcoin, which surged to highs of more than $126,000 last year, is now down nearly 50% from its peak.

Could buying Bitcoin now, while its value is below $70,000, be a great move for the long run?

Image source: Getty Images.

Source Fool.com

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