BREAKDOWN: The Mounting Evidence of a New Bitcoin Bull Market
From positive price indicators to a new all time high in smallholder addresses, this is the evidence a new bull run might be starting.
August 8, 2020
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From positive price indicators to a new all time high in smallholder addresses, this is the evidence a new bull run might be starting.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
This week’s Breakdown Weekly Recap is all about that vibe you’ve been feeling - that inescapable notion a new crypto bull market is afoot.
NLW looks at the evidence:
- Rising gold price
- Recirculation of crypto money out of zombie protocols
- New growth in small holder addresses
- Demand from emerging market p2p markets
It’s just possible this new bull market isn’t just starting to be seen in narratives, but is also showing up in numbers.
This week on The Breakdown:
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