Bitcoin (CRYPTO: BTC) has been on an absolute tear. After it tanked 65% in 2022, the world's top digital asset has soared 308% since the start of 2023 (as of May 31).

The gain has likely been due partly to the approval of spot Bitcoin exchange-traded funds (ETFs). But the so-called halving, which happened on April 19, might also deserve some credit.

Let's consider whether Bitcoin is a no-brainer buy even after this latest catalyst.

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Source Fool.com