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Where Will Bitcoin Be in 5 Years?
Bitcoin could be a good long-term investment, but investors should be aware that huge price increases with crypto have sometimes been followed by a huge pullback. Cryptocurrency values have risen since the beginning of this year, Bitcoin ncluded. The world's leading crypto has seen its value spike 94% over the past 12 months, and it has soared nearly 1,000% over the past five years. Part of the recent rise has come as the federal government has backed off on some regulations for cryptocurrencies and even announced the Strategic Bitcoin Reserve. But investors should know that crypto values have boom and bust cycles, ... (full story)
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