Two reasons to buy Bitcoin right now

Over the past few years, Bitcoin has shown impressive growth, rising from almost 15,600 to more than 70,000 US dollars. True, for many months now, the first cryptocurrency has been in a flat, which has significantly cooled interest in it from the mass investor. But what if this is just the calm before the storm?

Two facts at once speak in favor of investing in digital gold.

1. Adoption of BTC-ETF. Only the lazy ones have not spoken out on this topic. Numerous experts have honed their wit, ridiculing optimists waiting for Bitcoin at a hundred thousand. But the obvious cannot be ignored: Bitcoin's rollback from the spring peaks of this year is surprisingly reminiscent of the history of gold.

Let me remind you that back in 2003, the Australian Stock Exchange first accepted an ETF for the yellow metal. The leading countries of the world quickly adopted Australia's experience. Despite a short-term pullback in price, over the next decade, gold demonstrated a dizzying rally, rising in price many times over.

There are many reasons to compare Bitcoin with gold. Both assets have a limited supply and are not subject to the Fed's printing press. There are good reasons to believe that the adoption of an ETF on Bitcoin will greatly affect its price growth in the long term.

2. Presidential elections in the US. The Nashville conference became a landmark event: Donald Trump for the first time clearly spoke out in favor of DeFi and Bitcoin. Regardless of the outcome of the presidential election, this is an important step towards the widespread adoption of cryptocurrencies.

An additional factor speaking in favor of Bitcoin is the global instability of the geopolitical situation and the gradual loss of confidence in the centralized financial system of the United States. In such a situation, DeFi assets like gold and Bitcoin gain special power.

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