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

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

By CoinDesk

Although the bitcoin price has been wavering since March 13, there are historical, technical and foundational reasons to be optimistic. 

This episode is sponsored by Nexo.io and Casper, and this week’s special product launch, Exodus.

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 AprilsRetracements and pullbacks in 2017 Analysis around options expiry in 2021The continuation and expansion of the macro inflation narrativeInstitutions applying for bitcoin ETFsCoins leaving exchanges


-

Nexo.io lets you borrow against your crypto at 5.9% APR, earn up to 12% on your idle assets, and exchange instantly between 75+ market pairs with the tap of a button. Get started at nexo.io.

-

Launching in late-March, Casper is the future-proof blockchain protocol that finally address the blockchain trilemma. Learn more at Casper.Network.

-

Exodus empowers people to control their wealth through a safe and reliable non-custodial crypto wallet, placing the ownership of digital assets back into the user’s hands. Your keys, your crypto. Download Exodus today and learn more at exodus.com.

-

Image credit: Nuthawut Somsuk/iStock/Getty Images Plus

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

-
-
Heart UK
Mute/Un-mute