Bitcoin presents a buy opportunity under $100,000 for long-term potential.

From Nasdaq

October 10, 2024 7:15 AM:

Bitcoin has had a rough six months since the halving, but now presents a choice for investors. Short-term predictions show a 57% chance of hitting a new all-time high by 2024, but only a 14% chance of reaching $100,000 in 2024. Long-term views remain optimistic, with predictions of reaching $1 million by 2030.

Bitcoin’s real value lies in its potential to become a “financial superhighway” and revolutionize the global financial system. While skepticism remains, the emergence of a pro-Bitcoin political movement in the U.S. has sparked discussions of making America a “Bitcoin superpower.” Proposed initiatives include a national strategic reserve for Bitcoin.

With Bitcoin’s price having soared from $100 to $63,000 since 2013, many investors are bullish on its long-term potential. While risky, adding Bitcoin to your portfolio while it’s trading under $100,000 may offer a lucrative opportunity. The emergence of bullish price predictions and the potential for a revolutionary impact on the financial system make Bitcoin an intriguing investment option.

Read more at Nasdaq: Should You Buy Bitcoin While It’s Less Than $100,000?