This Phenomenal Crypto Has Skyrocketed by 1,100% in the Past 5 Years. Here's the Bear Case You Need to Understand

There aren't many assets that have outperformed Bitcoin (CRYPTO: BTC). In the past five years, it has skyrocketed more than 1,100% (as of April 23). That far outpaced the Nasdaq Composite index, for example.

To be clear, I'm still bullish on the top cryptocurrency. Even at its current price of roughly $66,700, which is 10% off the peak, it looks like a smart buying opportunity.

However, I believe it's always a good idea for investors to understand the bear case for any asset they own or are considering.

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Source Fool.com