Bitcoin price is up 28% in 2023

NFTs Made Simple

Jan 20 2023 • 18 mins

Bitcoin is up 28% just 2 weeks into January 2023. What could be causing this rush and what can we expect moving forward?

In today’s episode, Mark and Dragon assess different factors that could be causing the bitcoin pump; FTX money looking for a home, inflation etc.They also discuss things to watch that could cause even bigger gains, like lightning wallets and loose monetary policy globally.

What do you think will happen with bitcoin?

Takeaways

Bitcoin remains a trusted store of value
Inflation vs deflation
Lightning wallet technology could lead to mass adoption

Resources

Launch your Podcast: https://marksavantmedia.com/
Mark Savant: https://www.linkedin.com/in/mark-savant-ba777145/

JC Dragon: https://www.linkedin.com/in/jcdoornick/

YouTube: https://www.youtube.com/c/NFTsMadeSimple
Website: https://www.nftsmadesimple.com/

References

https://youtu.be/Cgdwme_GhIw
https://www.msn.com/en-us/money/markets/new-year-new-rally-why-bitcoin-is-up-26-this-month-after-a-tumultuous-2022/ar-AA16pbIT
https://www.forbes.com/sites/rogerhuang/2022/12/04/does-bitcoin-beat-inflation/?sh=42db67dc5736
_____________________________________________________________

Get your FREE NFT Cheatsheet
👉 www.nftsmadesimple.com 👈