As bitcoin crosses $17,000 it’s not retail speculation but a new, long-term investor mindset driving the price up.
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This episode is sponsored by Crypto.com and Nexo.io.
The 2017-2018 bull run was driven by ICO mania and a relentless get-richism that was nothing if not short-term. As bitcoin passes $17,000 and questions of looming all-time highs start to make their way into mainstream press, it is a very new set of actors and a new set of thinking that is driving this movement.
See also: Bitcoin at $318,000 Next December? One Citibank Exec Says It’s Possible
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