Bitcoin

Coin

<ul class="news-points"> 
 <li><strong>The anticipated Bitcoin volatility will happen sooner rather than later.</strong></li> 
 <li><strong>According to Buffinton, the upcoming volatility could rival its 40% January 2023 gains.</strong></li> 
 <li><strong>BTC’s price used the $30,000 mark as a focal point for sideways behavior in July.</strong></li> 
</ul> 
<p>Cody Buffinton, the Altcoin Buzz YouTube channel’s host, believes the anticipated Bitcoin volatility will happen sooner rather than later. According to Buffinton, the upcoming volatility for the flagship cryptocurrency could rival its 40% January 2023 gains.</p> 
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<p>In a recently uploaded video, Buffinton noted <a href="https://coinedition.com/bitcoin-btc-price-prediction/" rel="noopener noreferrer nofollow">Bitcoin price</a> acted in a tight range throughout July. Buffinton observed that BTC’s price used the $30,000 mark as a focal point for the sideways behavior. According to him, analysts perceive the BTC price behavior as a test for the bulls and bears.</p> 
<p>Buffinton agrees with Bitcoin analysts that Bitcoin’s recent behavior is a test of investors’ patience, which happens before major moves. The Altcoin Buzz host noted he would stick with his well-defined boundaries because he was not sure which way the volatility would go.</p> 
<p>Buffinton thinks Bitcoin volatility is imminent, using Bollinger bands as evidence. He u…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/analyst-bitcoin-volatility-would-happen-sooner-rather-than-later/">Analyst: Bitcoin Volatility Would Happen Sooner Rather Than Later</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Analyst: Bitcoin Volatility Would Happen Sooner Rather Than Later

Coin Edition

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