The famous CEO and analyst, who is closely followed in the crypto money industry, shared the comment that 2023 will be positive for Bitcoin, Ethereum, cryptocurrencies and risky assets in general. Let’s look at the details of its description.
2023 Bitcoin and Ethereum comment from the analyst: We have a positive year ahead.
Real Vision CEO Raoul Pal gave a new interview to Overpriced JPEG’s YouTube channel. Pal, an expert in macroeconomics, thinks that Bitcoin (BTC) and Ethereum (ETH) prices will rise in 2023. However, the US central bank says there may be some difficulties and unexpected situations due to the uncertain monetary policy of the Fed.
Pal also looks at how the cryptocurrency industry has reacted to Fed action in the past.
Pal also looks at the overall macroeconomic environment. According to him, we are currently experiencing a very ordinary recession period.
Bitcoin price is currently trading around $23,000. ETH is close to $1,600. Both leading cryptocurrencies had a remarkable performance in January.