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Should You Buy Bitcoin When It's Under $100,000?

TheMotleyFool 
0 0 11.11.25
Should You Buy Bitcoin When It's Under $100,000?:
 

For Bitcoin (CRYPTO: BTC) investors, $100,000 is a psychologically important price level. Bitcoin first hit that level in December 2024, and at the time, it looked as if the world's most popular cryptocurrency was set to double in value in 2025.

But that hasn't been the case at all. Bitcoin is now up a disappointing 12% for the year (as of Nov. 10), and crypto market sentiment is at its lowest level in months. Bitcoin briefly dipped below the $100,000 mark in early November, and it looks as if it could happen again before the year is over. So should you buy Bitcoin when it's under $100,000?

If history is any guide, it makes sense to buy the dip on Bitcoin. That's because, for much of the past decade, Bitcoin has been on a clear upward trajectory. Just 10 years ago, Bitcoin traded for $400. Today, it trades for $105,000.

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Source Fool.com

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