Is now the time to get back into Bitcoin?

Bitcoin has been on a rollercoaster for the last eighteen months. In October 2024, the digital currency began to rise on hopes that Trump would be friendlier than the Biden administration, and by the end of January 2025, it had increased in value by 75%.Despite an eye-watering drop after Trump announced his “Liberation Day” tariffs in April 2025, Bitcoin continued to climb until October 5th, when it reached its all-time high of $126,297.63.Since the beginning of 2026, however, the Bitcoin balloon has steadily lost air, prompting some crypto investors to worry about the onset of a new “crypto winter,” which in the past has lasted months or years as the price runs in a narrow trading range.From its October high, Bitcoin prices fell consistently until it reached its most recent low-water mark on February 6th at $60,000.01. That’s more than a 50% drop in just four months. But in recent weeks, Bitcoin has had some upward momentum, prompting investors to ask whether now might be the time to get back in the game.Though crypto, generally and Bitcoin, specifically, remain volatile assets, Institutional adoption continues to expand.Goldman Sachs recently filed with the Securities and Exchange Commission (SEC) for a Bitcoin ETF just days after Morgan Stanley launched its own spot Bitcoin fund, which attracted more than $100 million in investments in the first week.Big Wall Street players’ appetite for crypto, specifically Bitcoin, hasn’t abated with the recent price pullback, as major investment banks continue to offer new ways to profit off Bitcoin exposure.

A secondary effect of institutional investment is tied to the relative scarcity of Bitcoin, which is baked into its structure. Bitcoin’s code caps the supply at 21 million coins, and “the halving,” a regular reduction of the rewards for Bitcoin mining, reduces the pace of new issuance.With fewer new Bitcoins in circulation and big banks using their massive resources to scoop up large holdings, bu...