Bitcoin and Altcoin Market Update - January 11, 2023

Echo BUBBLE BUBble bubble . . .

Bitcoin’s price is 15% lower than it was in November but you can sense the excitement is building. I guess its price has gone up long enough for some people to think its price will keep going up.

But not enough, yet. That will come, in time.

Today’s update covers the following topics:

• Echo bubble?

• The plan feels wrong

• Free money while you’re sitting on your hands

• Miners: same

• Metrics: same

• Bottom indicators: same

• Altcoins are still pacing BTC

• Altcoins ranked #94-97

I recorded this update yesterday but got waylaid at work and then had to take care of some family commitments. Fortunately, nothing has changed since I recorded it, just bitcoin’s price is a little higher now than yesterday.

Scroll down for a brief TL;DW summary or watch the video below. I strongly advise watching the update for the best results but I realize you may not have 29 minutes to spare.

To speed up the video (shorten the playing time), tap the circled gear button at the bottom-right corner of the video: