Is the crypto rise a bull trap? John takes a look at bitcoin, eth & more

You probably won’t have missed the fact that the crypto market is off to a great start in 2023. However, the question is whether this will continue, given the gloomy market conditions and the poor macroeconomic climate.

That’s why today I’m sharing a new look at this macroeconomic situation, the latest news and new analysis of the price of the US dollar index (DXY) and the price of the S&P 500 (SPX).

Of course, share in new analyzes of bitcoin (BTC) and ethereum (ETH) too! Bitcoin seems to be close to a key resistance level around $17,600.

Will the recent upward trend continue in the crypto market, or are we dealing with a so-called “bull trap”?

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Want to learn more about crypto? The Bitcoin Consultant is happy to help you

At the Bitcoin Consultant you can go for extremely educational courses about bitcoin, blockchain technology and how to invest in it. John even offers one for this free course for beginners! John also has a company page on our website where you can read more about his services.

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