Think It's Too Late to Buy Bitcoin? Here's the Biggest Reason Why There's Still Time
Bitcoin (CRYPTO: BTC) has pulled back from its all-time high set last month, but many investors may be hesitant to invest at the current price. After all, Bitcoin has rallied about 50% since the start of the year even after falling off its new high. That's left some people thinking they missed the opportunity to buy Bitcoin and that the potential future return doesn't justify its current price.
But there's still a big catalyst that could drive the price of the cryptocurrency much higher over the long run. While the impending Bitcoin halving could have a momentary impact on prices, this factor stands to propel Bitcoin to sustainably higher highs over a multiyear period. And there's still time to get in.
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Source Fool.com