QCP Capital: Bitcoin to Fluctuate Between $61,000 and $71,000 in the Short Term
Bitget2024/07/19 10:38
QCP Capital has released an analysis that suggests bitcoin will fluctuate between $61,000 and $71,000 in the near term, especially with dealers holding a large number of options at the July 26 $67,000 strike price, as the market is clearly betting on a breakout ahead of the U.S. elections. Even though spot prices fell overnight, QCP Capital still saw significant institutional interest in the December $100,000 calls. This suggests greater confidence in a year-end rally in the market as the odds of a Trump victory increase.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$67,048.19
+1.77%
Ethereum
ETH
$1,964.22
+1.74%
Tether USDt
USDT
$1
+0.03%
XRP
XRP
$1.38
+1.72%
BNB
BNB
$617.54
+0.59%
USDC
USDC
$1
+0.02%
Solana
SOL
$84.42
+2.90%
TRON
TRX
$0.2820
-0.32%
Dogecoin
DOGE
$0.09412
+0.83%
Cardano
ADA
$0.2819
+1.56%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now