Is Bitcoin Safer to Buy Now Compared to Past Prices ($20,000)? Lawyer Weighs In

Bitcoin is trading above $106,000, a level many consider a more attractive purchase point than its historical lows around $20,000. This new valuation is fueled by expectations of increased government spending and institutional interest in cryptocurrencies. 💰 📊 John Deaton, an attorney representing thousands of XRP investors, recently shared his insights on the subject. While he doesn’t advocate for taking loans to buy Bitcoin, he argues it may be a safer investment now than at $20,000. He cites factors like negative exchange netflows, stable Market Value Realized (MVRV) ratio, and a record-breaking 55 million BTC holders as potential indicators of future price growth.