Who has the most recent bitcoin move right, the bulls or the bears?
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This episode is sponsored by Crypto.com, Nexo.io and Elliptic.
Today on the Brief:
- DOJ files biggest antitrust case in two decades against Google
- Goldman Sachs’ 1MDB settlement
- LINE’s new CBDC platform
Our main discussion: bulls vs. bears as bitcoin passes $12K
Someone recently tweeted, “Bitcoin price has never been this high with such bearish sentiment.”
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On this episode, NLW looks at the bullish case (growth in open interest on CME backed by strong macro narrative around stimulus) and bearish case ($12K BTC sell wall and bleeding from alts and DeFi).
See also: Bitcoin Closes on $12K but a Wall of Sell Orders Awaits: Analyst
For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.
