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BREAKDOWN: How Strong Is Bitcoin’s Push Above $12,000?

Author
CoinDesk
Published
Tue 20 Oct 2020
Episode Link
https://www.coindesk.com/how-strong-bitcoin-push-12000

Who has the most recent bitcoin move right, the bulls or the bears? 
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.” 
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 sell wall and bleeding from alts and DeFi).
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