Welcome back to The Breakdown, an everyday analysis breaking down the most important stories in Bitcoin, crypto, and beyond, with your host, NLW.

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Welcome back to the breakdown.

It is Monday, April 20th, and I should probably make a 420 joke, but I don't have it in me.

So today what we're going to do is we're going to look at a bunch of the conversations

and happenings and news from this last weekend and put it into one of two categories. So this is a bullish versus

bearish, what recent news should make us think about Bitcoin or crypto or the markets at large.

Basically, I wanted to find a way to talk about recent news that wasn't just here's a thing that

happened, but put it in some context. And the reason that I think this might be relevant

right now is that we're in this

very weird feeling in between moment where it seems like in certain contexts this COVID-19 crisis

has plateaued and maybe is on the way down from a health perspective, right? I think New York is the

epicenter of this in the U.S. and we're seeing some progress there.

Now the question becomes how to open up intelligently, how fast different markets are going to

recover, how long and how severe the knock-on effects are going to be. And so it's still,

although we're hungry for the things around us to be better and back to some

sense of normal, there's still a long way to go.

And as we try to piece through that, there are real different indicators that can maybe

help us understand where we are.

Obviously, I'm going to focus a little bit more on the context of the Bitcoin and Crypto

markets being that this is the breakdown and that's kind of where our focus is, but I'm not going to restrict it to that.

With all that said, let's dive into bullish versus bearish.

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