This Is Bitcoin's Defining Moment

For more than a decade, bitcoin has been a huge success story. Scorned by skeptics since its inception, the value of the cryptocurrency has gone from less than $0.01 to nearly $15,000. Along the way, bitcoin has suffered huge plunges, but so far, it's always found a way to pull back higher.

Now things are lining up for bitcoin. If there were ever a time for the premier cryptocurrency to challenge and surpass its record highs from three years ago, it's right now. Regardless of whether you believe in the potential of crypto or think it's a passing fad, this is bitcoin's defining moment -- the moment when it will show whether it can achieve mainstream popularity or remain a niche asset class.

Bitcoin's fundamental premise has been that decentralized digital currency offers advantages over government-issued fiat currencies for those seeking to preserve value. Bitcoin owners don't have to worry about the actions of central banks or regulators and their potential impact on its value in comparison to other forms of money.

Source Fool.com