At a recent price of $4,600, Bitcoin is up 800% over the last three years. Some bullish pundits suggest that Bitcoin may be worth far more in the future.
By comparing Bitcoin to past bubbles on the chart below, you can decide for yourself how Bitcoin looks in comparison. One thing we know from experience: Bitcoin cannot defy gravity forever. At some point, what goes up, must come down.
Source: Bespoke Investment Group
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