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Bitcoin’s 2023 price action driven by the desire to regain losses, according to professional trader

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Crypto trader Zoran Kole joined Cointelegraph’s Crypto Trading Secrets podcast for an interview for the show’s seventh episode. Episode 7 of Cointelegraph’s Crypto Trading Secrets podcast is now live. This week’s episode features an interview with crypto trader Zoran Kole, who goes by @Captain_Kole1 on Twitter. Kole shared his opinions in response to a number of questions asked by host Benjamin Pirus during the episode’s recording on March 1 — including his views on what he thinks has most impacted the price of Bitcoin (BTC) so far in 2023 (as of the show’s recording), and whether or not that may remain the case for the remainder of the year.  Bitcoin started off 2023 trading between $16,000 and $17,000, according to Cointelegraph’s BTC price index. The asset found itself up near $24,000 toward the end of January and surpassed $25,000 in February. The coin subsequently dropped back down below $20,000 in March, but has since moved up past $26,000.  “There have been murmurs that Binan...

$8K dive or $22K rebound? Bitcoin traders anticipate Q1 BTC price action

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Anything could happen in the coming weeks and months when Bitcoin attempts to break out of its post-FTX trading range. Bitcoin (BTC) is approaching the end of 2022 at levels not seen in over two years — what do traders think will happen next? BTC price reeling from USD strength Currently down 15% in Q4 and over 60% year-to-date, BTC/USD has few bullish allies as 2023 looms. Struggling to recover from the ongoing FTX scandal and associated fallout, the largest cryptocurrency giving back all the gains seen since late 2020 is indicative of the crypto market as a whole. Risk assets are in a precious position themselves, as Cointelegraph reported, while eyes are also on the strength of the U.S. dollar going into the new year. Cointelegraph takes a look at the diverging opinions among some popular traders when it comes to what BTC price action could do in Q1, 2023. Crypto Tony: Short with daily range low target One market participant taking no chances on the last day of trading on Wall Stre...