Crypto trader Zoran Cole joined Cointelegraph’s Crypto Trading Secrets podcast for an interview on the 7th episode of the show.

Episode 7 of his crypto trading secrets podcast Cointelegraph 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 thoughts in response to host Benjamin Pirus’ series of questions during the taping on March 1.

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So far (at the time of recording the series) it is 2023. and whether it is valid for the rest of the year.

According to the Cointelegraph BTC Price Index, 2023 Bitcoin will start trading between $16,000 and $17,000. By the end of January, the asset had grown to nearly $24,000, and in February it topped $25,000. The coin dipped below $20,000 in March, but has since risen above $26,000.

“Binance has been rumored to be using BUSD to buy a lot of bitcoins,” Cole said. binance usd

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Binance-branded stablecoin launched by Paxos Trust Company in February. faced with regulatory uncertainty. Binance CEO Changpeng Zhao claims Paxos claims it fully owns and maintains BUSD. However, Cole believes that by now in 2023 price action may be due to prolonged price restraint and people’s desire to recoup losses in 2022.

“Simply put, I think that in 2023 the cancellation of one trade is one of the reasons why prices have been higher since the beginning of the year.
But Cole doesn’t exactly think his rationale holds throughout the year, as he explained:

“I expect to see a lot of behavior on the range. We’re going to try to spread it out, so I think we’ll see quite a few pieces at the end of the year.
Cole also answered a few other questions during the episode, including his thoughts on potential BTC cycles.

Check out this and other episodes of his Crypto Trading Secrets podcast on Cointelegraph’s page on Cointelegraph Podcasts, Apple Podcasts, Spotify, Google Podcasts, or TuneIn.

Source: CoinTelegraph