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Bitcoin Is Down 53%. Is It Finally Time to Buy?

Bitcoin Is Down 53%. Is It Finally Time to Buy?

Not all that long ago, Bitcoin (CRYPTO: BTC) had the wind in its sails. The cryptocurrency reached an all-time high of $126,210 in October of last year, but has since plunged 53%.

There isn’t one simple answer for the sell-off, but what’s clear is that investors have headed for the exits, in search of better places to put their money. The big question is whether Bitcoin will follow its past pattern of mass sell-offs, only to regain ground and surpass previous highs.

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