EP17 - What's caused Bitcoin and Ethereum prices to go up in January?
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EP17 - What's caused Bitcoin and Ethereum prices to go up in January?
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About this listen
🕵️ Crypto assets have been on a rip in 2023. Bitcoin is up 37% YTD, Ethereum is up 35%, and Solana is up 80%. Alt-coins like OP, LDO, MANA, and more have all experienced price appreciation greater than 100% in the 1st 30 days of 2023. Why? Is this time different? Are the technical indicators, charts, and averages right?
🚀 In this podcast we review:
* Bitcoin, Ethereum, Solana, Lido, and Optimism's latest bull run
* Is it a byproduct of strong fundamentals and new user adoption?
* The invisible hand of the Federal Reserve?
* Just another dead cat bounce?
* What are the technical analysis and charts telling us? Does it even matter?
📚 Supporting content:
* What’s causing crypto prices to go up?
* The hardest game: predicting a recession
* S&P500 2023 Forecast: Wallstreet says “not sure”
* No winners in 2022
* A case for $1,200 Ethereum
📹Watch the podcast on youtube:
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Cover art generated by DALL-E: “An expressive oil painting of a social media influencer using charts and data to convince his followers to buy the next ponzi coin.”
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