QCP Capital | ForkLog

ForkLog 5 04.11.2024

Bitcoin’s Potential Local Bottoms Ahead of US Elections

The options market anticipates a new all-time high for Bitcoin by the end of November and increased volatility post-US elections. Traders have noted the possibility of Bitcoin’s price retreating to $65,000 before a rebound. The price of Bitcoin is expected to hit $66,200 before a rebound ahead of the US presidential elections, according to trader […]

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ForkLog 9 22.10.2024

QCP Capital Predicts Ethereum Surge to $3000

During the week of October 14-20, Ethereum rose by 11%, outpacing Bitcoin’s 9.6% increase, though it lags behind in the Uptober context with 4% compared to 8%. QCP Capital noted a strong likelihood of Ethereum breaking through the $2800 resistance and reaching $3000. 4/ Read the full analysis here: https://t.co/gNhw4giQWX — QCP (@QCPgroup) October 22, […]

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ForkLog 7 21.10.2024

Bitcoin Futures Open Interest Reaches Record $40.6 Billion

On October 21, the total open interest (OI) in bitcoin futures reached a record $40.6 billion, surpassing the March figures at the ATH. This is according to data from Coinglass. Data: Coinglass. In terms of coins, the figure amounted to 592,000 BTC, the highest since December 2022. At that time, the leading cryptocurrency was valued […]

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ForkLog 9 17.10.2024

QCP Capital Observes Bitcoin Call Options with $120,000 Strike Price

On the evening of October 16, there was a noticeable demand for March bitcoin call options with a strike price of $120,000. These purchases were accompanied by a rise in quotes above $68,000, noted QCP Capital. Analysts saw this as a signal of the return of optimistic long-term buyers. Experts noted the continued uncertainty surrounding […]

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ForkLog 6 10.10.2024

QCP Capital Warns of Increased Bitcoin Correction Risks

The rise in funding rates for perpetual contracts signals the cryptocurrency market’s vulnerability to a correction, according to QCP Capital, as reported by The Block. “The increase in metrics on Deribit and Binance […] combined with the frenzied demand for meme coins makes us wary of a downward movement. It often occurs when investors least […]

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ForkLog 8 07.10.2024

QCP Capital Highlights Inflation Data’s Impact on Bitcoin’s Trajectory

Consumer inflation data in the United States on October 10 will determine the Federal Reserve’s next move following its November meeting, according to QCP Capital. 5/ Read more about the week ahead here: https://t.co/EnPoo2suiA — QCP (@QCPgroup) October 7, 2024 Experts noted that a strong employment report on October 4 led to a reduction in […]

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ForkLog 5 03.10.2024

QCP Capital Predicts Bitcoin May Drop to $55,000 Amid Geopolitical Tensions

Despite escalating geopolitical tensions in the Middle East, investor sentiment remains positive, according to QCP Capital. “Geopolitics […] may capture attention, but the shallow sell-off following the conflict’s escalation suggests the market still favours risk assets. This minor setback should not distract from the bigger picture,” the experts noted. Analysts warned that further deterioration in […]

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ForkLog 9 01.10.2024

QCP Capital Anticipates Continued Bitcoin Growth in October

Stimulus measures from China’s central bank and a rate cut by the Fed are expected to maintain optimism towards risk assets, including stocks and bitcoin, in October, according to QCP Capital, reports The Block. Analysts noted a 7.3% increase in the price of digital gold in September, defying seasonal trends. Data: Coinglass. This performance was […]

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ForkLog 32 25.09.2024

QCP Capital Sees Potential Cryptocurrency Surge Amid Chinese Stimulus

China is poised to introduce additional stimulus measures, which could bolster the growth of risk assets, including cryptocurrencies, according to QCP Capital. On September 24, the People’s Bank of China (PBOC) announced monetary policy easing, including rate cuts on several instruments and a reduction in reserve requirements. This latest move has freed up approximately 1 […]

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ForkLog 9 10.09.2024

Bitcoin Volatility Poised for Growth Amid CPI Data and Debates

Implied volatilities of bitcoin options remain elevated. Traders anticipate significant price swings in light of the Trump-Harris debates and consumer inflation (CPI) data, according to QCP Capital. The events are scheduled for September 11 at 4:00 and 15:30 (Kyiv/Moscow). Experts noted that until October, options market participants tend to take predominantly bearish positions. Optimists are […]

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ForkLog 11 03.09.2024

Experts Advocate Bitcoin Purchases in September Amid Corrections

Strategically, accumulating Bitcoin throughout September with a view to securing profits in October or towards the year’s end is advisable. This scenario was suggested by QCP Capital, citing seasonal trends. Analysts noted that the first month of autumn is historically negative for all asset classes, including digital gold. However, October is its opposite — in […]

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ForkLog 14 30.08.2024

Bitcoin Retreats to $59,000 Amid ETF Inflow Weakness

Negative trends in BTC-ETF persisted for the third consecutive day. The total exchange balance of bitcoins fell to a new low for the year. Traders remain cautious ahead of U.S. labor market data on September 6. On August 29, net outflows from spot bitcoin ETFs amounted to $71.7 million, according to SoSoValue. This was one […]

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