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Worried About Bitcoin's Price Action? Here's Why You Shouldn't Be

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Today on “The Breakdown,” NLW digs into bitcoin and crypto markets. He argues that despite two weeks of sideways-down price action, there are a set of reasons to be optimistic:

  • Historically bad March months versus historically good Aprils
  • Retracements and pullbacks in 2017 
  • Analysis around options expiry in 2021
  • The continuation and expansion of the macro inflation narrative
  • Institutions applying for bitcoin ETFs
  • Coins leaving exchanges
-- Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Get started at nexo.io -- Enjoying this content?   SUBSCRIBE to the Podcast Apple:  https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M=   Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW   The Breakdown is produced and distributed by CoinDesk.com
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