EP17 - What's caused Bitcoin and Ethereum prices to go up in January?
Crypto assets like Bitcoin and Ethereum have been on a rip in 2023. Is it bull season or another dead cat bounce?
🕵️ 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:
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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.”