Why I'm Buying Bitcoin in June
While not everyone is a fan of Bitcoin, even its staunchest critics would be hard-pressed to deny its growing influence. One estimate by CryptoSlate envisions the cryptocurrency industry enjoying a similar adoption curve to the Internet and cellphones, which would in theory give it potentially 1.2 billion users by 2025. And of course, Bitcoin was the first crypto of them all and remains the most popular.
Yet there will naturally be bumps along the road to crypto's widespread acceptance. Even if the entire month of May was one of those bumps, true Bitcoin believers won't be dissuaded from bracing for a "moon in June" crypto comeback.
Some traders may hesitate to buy Bitcoin in June because it had its first monthly decline of 2023 in May. Anyone harboring fantasies of Bitcoin breaking above $30,000 last month was undoubtedly disappointed as the token lost 4% of its value.
Source Fool.com
