Should You Buy Bitcoin While It's Under $120,000?
Cryptocurrency prices have surged over the past year. The federal government has taken a softer approach toward regulation, and investors have become optimistic (and a little speculative) about investments. The price of Bitcoin (CRYPTO: BTC) has risen as well, skyrocketing 76% over the past year alone.
There's a general sense of optimism among investors with both stocks and cryptocurrencies, but if tougher economic times are ahead, some of the large returns they've experienced could experience a reversal. Bitcoin has proved to be a resilient cryptocurrency in the past, bouncing back after significant pullbacks. Is it worth buying Bitcoin while it's still under $120,000? Here's what investors should know.
Image source: Getty Images.
Source Fool.com
