Matrixport: Bitcoin Price Volatility Creates Opportunities Amid Election and Economic Uncertainty

Matrixport released a chart saying that the Bitcoin price has fluctuated between +20% and -10% over the past 30 days. Investors who buy when the price drops to -10% usually get returns of up to 20%, or even 40%, over the next few weeks. This trend is likely to continue as long as Bitcoin stays in a bull market. If Trump wins the U.S. presidential election or the Federal Reserve cuts interest rates, the price is likely to rise. However, due to the uncertainty surrounding the U.S. election and economic growth, any rally could take a longer cycle, similar to the past 10 percent correction period.