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businessDec 16, 202055:57pending

Bitcoin is above $20k - Bull market price discovery mode activated

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About this episode

Bitcoin achieved a new all-time high today of USD $20,800. Bitcoin is now in full price discovery mode and looks set to continue as the bull market heats up. With a reduction in supply following May's halving, increasing demand from institutions, and a strong narrative that Bitcoin is a store of value, Bitcoin's future has never looked brighter. 

Why you should listen:

Josh says "I think that $33k by July 2021 is more viable and possible than ever. I don't think it is likely we'll see a bear market any time soon, we're now in possible multi-year bull market territory. This is good for BTC, this is good for ETH, this is good for all of crypto."

Key takeaway:

If you're reading this, you are probably a bitcoiner - good for you. Give yourself a pat on the back for believing in and participating in the birth of a brand new asset class, this is just the beginning. Andy and Josh also discuss ETH, DeFi and the growing NFT and collectible digital art scene.

Supporting links:

Leverj

Josh on Twitter

Andy on Twitter 

Brave New Coin on Twitter

Brave New Coin

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Bitcoin is above $20k - Bull market price discovery mode activated

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