As bitcoin reaches a brand new milestone all-time excessive, NLW asks whether or not we’ve damaged out of a standard halving-based market cycle to
As bitcoin reaches a brand new milestone all-time excessive, NLW asks whether or not we’ve damaged out of a standard halving-based market cycle to one thing greater.
This episode is sponsored by Nexo.io.
Early this morning, bitcoin reached a brand new all-time excessive above $50,000. Whereas the market rapidly retraced, the psychological barrier was breached. On as we speak’s episode, NLW explores what it means, together with whether or not there may be any technical worth within the quantity and Michael Saylor and MicroStrategy’s new $600 million debt providing to purchase extra bitcoin.
He additionally explores Dan Held’s idea of a bitcoin supercycle, trying on the three pillars of the argument:
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