A lot is weighing on the price of Bitcoin (BTC 0.26%) right now. The latest is the current dicey situation involving Strategy, formerly known as MicroStrategy, the largest Bitcoin treasury company in the world.

But here’s the thing: Bitcoin’s future growth prospects still look better than those of any other cryptocurrency. If I could buy only one crypto right now, it would be Bitcoin.

Bitcoin’s track record

First of all, Bitcoin has an uncanny ability to bounce back from adversity. While Bitcoin is now down 53% from its all-time high of $126,000, this is nothing new. There have been at least five other periods in Bitcoin’s history when it has suffered equally devastating drawdowns.

The most recent period was in 2022, when Bitcoin lost…