CNBC Fast Money Anchors Bullish on Bitcoin
Aaron from Altcoin Daily reviews the CNBC video where all five of the CNBC Fast Money hosts are bullish on Bitcoin. The main narratives for Bitcoin being bullish are:
- Weak hands are out of the market
- Institutional infrastructure has been built and is picking up steam
- Central banks are going nuts -> bull case for bitcoin
- Gold is rallying, why shouldn't digital gold in BTC?
- Is this acting as a safe haven?
- Are Chinese buying because of Coronavirus?
- As central banks rush to devalue their currencies, Bitcoin wins
- "In a world of fiat currencies, Bitcoin is the victor."