By: Matthew Hayward Current price Nov 10, 2024 76.72K 80.43K Is Now the Time to Buy Bitcoin? Bitcoin has come a long way since its early days as a niche digital asset. Today, as we enter another phase in its established four-year cycle , Bitcoin may be at a historic high, but it could soon become the new baseline price. This cycle, which has repeatedly shown Bitcoin’s resilience and long-term growth potential, suggests that the current price might be the lowest we’ll see again. While recent political shifts, including Donald Trump’s landslide election victory, have added new momentum and support for Bitcoin, the timing within the cycle itself makes this an ideal moment to consider buying. A Political Shift: From Anti-Crypto to Pro-Crypto For years, Bitcoin and other cryptocurrencies have faced an uphill battle against a U.S. government determined to restrict and control their growth. This opposition was largely led by Gary Gensler, who waged an outright war against crypto from hi...
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