11.12.2024 11:49:00

Bitcoin Hit an All-Time High Above $100,000. Is It a Buy?

For much of the year, Bitcoin (CRYPTO: BTC) has been the talk of the crypto market. And that talk has only intensified in the wake of the U.S. presidential election. At one point, Bitcoin was up 45% in a stunning postelection rally, finally breaking through the highly anticipated $100,000 price.For the year, Bitcoin is now up a staggering 132%. But is Bitcoin a buy? The answer to that question might not be as obvious as you think. Let's take a closer look at the case for and against investing in Bitcoin.It might sound counterintuitive, but Bitcoin at a price of $100,000 might actually be a bargain. That's because there are plenty of analysts, investors, and crypto enthusiasts who think Bitcoin is going to soar much higher over the next decade.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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