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Should You Buy Bitcoin While It's Under $110,000?


Bitcoin's (CRYPTO: BTC) rise over the past decade has been amazing to watch. After multiple drawdowns of more than 50% throughout its existence, the digital asset has repeatedly come roaring back to reach fresh highs. And now, it has become a legitimate financial asset, both on Wall Street and in Washington, drastically reducing the likelihood that it becomes irrelevant.

Investors who are late to the party might be wondering whether this leading cryptocurrency, whose price has risen 1,030% in the past five years, still has meaningful upside as we look to the future. Should you buy Bitcoin while its price is currently below $110,000 (as of June 22)?

Image source: Getty Images.

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Source Fool.com

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