While I am bullish in the long run, I am cautious when it comes to the next couple of months. In this article, I will look at a few short-term bullish and bearish factors and how they could affect Bitcoin price.

Liquidity conditions in the bitcoin (BTC) and ether (ETH) markets continue to worsen and the situation is now more alarming than it was three months ago. That has traders worried about abrupt price swings in the crypto market.

Bitcoin (BTC) exchanges have less BTC to buy than at any time since early 2018, the latest data shows.

One of the original core developers behind Bitcoin, Luke Dashjr, has taken to social media to call out an auction site that has used his name and code without his consent to create and sell a “misleading” NFT. The core developer said he hasn't been the first Bitcoin developer to have his name or his work used in this way. In a Feb. 27 post on Twitter, the developer revealed a non-fungible token (NFT), featuring a picture of code he wrote, was sold at an auction site for 0.41 Bitcoin, or roughly $9,500 at the time of writing. (Cointelegraph)

Decred (DCR) is an open-source, community-based cryptocurrency that is designed to be decentralized and autonomous.

Developers have always been the unsung heroes behind every major tech evolution.

In the first few weeks of 2023, Bitcoin’s price has continued its upward trajectory, fueled by growing institutional adoption and increased investor confidence in the cryptocurrency market.

Crypto prices are continuing to trade in a broadly similar range as the correlation with U.S. equities and macro events weakens, Bernstein analysts said. Crypto-related stocks opened higher on Monday, with Silvergate leading the gains. 

Investors poured money into short bitcoin funds last week as upbeat U.S. economic data and the prospect of renewed outsized rate increases by the Federal Reserve (Fed) weakened risk appetite in financial markets.

The Chair of the Securities and Exchange Commission (SEC), Gary Gensler, recently revealed that the lack of clear crypto regulations in the United States is causing most digital assets, excluding Bitcoin, to be considered unregistered securities.