Down 30% From Its High, Is Now the Time to Add Bitcoin to Your Portfolio?

It's been a fairly volatile month for the crypto world, and that's evident with the recent decline in Bitcoin (CRYPTO: BTC). In the past month, the top digital currency has declined by around 24% (returns as of Nov. 20). It has reached levels it hasn't seen in months, and it's happening as investors are growing concerned about the markets as a whole.With high valuations, uncertain economic conditions, and worries that tech stocks may be in a bubble, there's no shortage of possible reasons for this recent apprehension in the markets. Bitcoin has been hovering above the $90,000 mark, and the last time it fell below that was back in April. Currently, it's down around 30% from the all-time high of $126,198 that it reached in October.Could this drop in value create a good opportunity for investors who may have missed out on the cryptocurrency's incredible gains to buy in at a reduced price?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool