Bitcoin has struggled to cross $40,000 in the recent past. However, for investors bullish on cryptocurrencies, Bitcoin is a must-hold in the portfolio. If altcoins are like growth stocks, Bitcoin is a blue-chip stock.
If the regulatory headwinds wane, Bitcoin is likely to trend higher with multiple catalysts. First, cryptocurrencies are positioned for wider adoption. Bitcoin, with a limited supply of 21 million, will benefit as holders increase.
Furthermore, inflation is a concern globally. Ha...