In this video, I discuss a few prominent Bitcoin bears who have recently flipped bullish, including the Motley Fool and Jeffrey "Bond King" Gundlach.
Anyone who does not already own Bitcoin is structurally short Bitcoin. One of the ways that Bitcoin is taking over the world is by converting former bears and turning them into evangelizing Bitcoin bulls.
I also discuss how the 2020-2021 Bitcoin bull market compares so far to the bull markets of 2013 and 2017. We continue to be on track to hit $100,000 sometime between April and September, and then to hit $200,000 by the end of 2021.
Not investment advice! Consult a financial advisor.
Motley Fool buys $5 million Bitcoin:
Motley Fool hated Bitcoin for many years:
Jeffrey Gundlach says Bitcoin may be better than gold:
Gundlach used to be a Bitcoin bear:
Bitcoin's gain is gold's loss:
Dan Held on Bitcoin vs. gold:
Current Bitcoin bull market looking more like 2013 than 2017:
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