Should Bitcoin Investors Be Concerned About the Recent Pullback?
When Bitcoin (CRYPTO: BTC) hit a new all-time high of $111,970 on May 22, many investors were convinced that the world's most popular cryptocurrency was about to go on another epic run. But that hasn't been the case.In fact, Bitcoin pulled back to $105,000, and could even fall below $100,000 again. Should investors be concerned?For much of its history, Bitcoin has been a very risky and volatile asset. In its early days, volatility was sky-high, and the price of Bitcoin tended to move up and down in jagged spikes.Continue reading
When Bitcoin (CRYPTO: BTC) hit a new all-time high of $111,970 on May 22, many investors were convinced that the world's most popular cryptocurrency was about to go on another epic run. But that hasn't been the case.
In fact, Bitcoin pulled back to $105,000, and could even fall below $100,000 again. Should investors be concerned?
For much of its history, Bitcoin has been a very risky and volatile asset. In its early days, volatility was sky-high, and the price of Bitcoin tended to move up and down in jagged spikes.
