{"id":22221,"date":"2025-03-19T15:11:39","date_gmt":"2025-03-19T13:11:39","guid":{"rendered":"https:\/\/forklog.com\/en\/qcp-capital-questions-bitcoins-80000-support-amid-economic-concerns\/"},"modified":"2025-03-19T15:11:39","modified_gmt":"2025-03-19T13:11:39","slug":"qcp-capital-questions-bitcoins-80000-support-amid-economic-concerns","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/qcp-capital-questions-bitcoins-80000-support-amid-economic-concerns\/","title":{"rendered":"QCP Capital Questions Bitcoin&#8217;s $80,000 Support Amid Economic Concerns"},"content":{"rendered":"<p>The $80,000 support level for Bitcoin is fragile due to macroeconomic weaknesses and will not serve as the bottom in this correction, according to a report by QCP Capital.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Asia Colour \u2014 19 Mar 25<\/p>\n<p>1\/ It\u2019s been a month since the S&#038;P 500 hit a new high, but the mood has soured. Market exuberance is gone, and risk assets remain under pressure. How much longer can this last?<\/p>\n<p>\u2014 QCP (@QCPgroup) <a href=\"https:\/\/twitter.com\/QCPgroup\/status\/1902292649543090649?ref_src=twsrc%5Etfw\">March 19, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The skepticism of experts is driven by increased geopolitical pressure from the US on its trading partners.<\/p>\n<p>The greatest risk is the imposition of retaliatory tariffs by President Donald Trump on April 2, which could negatively impact risk assets.<\/p>\n<p>Experts do not anticipate changes at the upcoming March 19 meeting of the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span>, but will monitor for &#8220;dovish shifts.&#8221; The monetary regulator is likely to pause to assess the impact of trade wars on inflation, they explained.<\/p>\n<p>Under current conditions, QCP Capital prefers gold and recommends focusing on yield strategies with principal protection to avoid a prolonged downturn.<\/p>\n<p>The correction, which has persisted on Wall Street for a month following a record high, has led to the disappearance of euphoria and raised the question: &#8220;How long will this pain last?&#8221;<\/p>\n<p>Earlier, CryptoQuant CEO Ki Young Ju <a href=\"https:\/\/forklog.com\/en\/news\/expert-identifies-target-of-bitcoins-current-correction\">suggested<\/a> a prolonged consolidation of Bitcoin within a broad range (e.g., $75,000-100,000), similar to what was observed in 2024 before prices returned to an upward trajectory.<\/p>\n<p>In April, Matrixport predicted <a href=\"https:\/\/forklog.com\/en\/news\/experts-predict-bitcoin-correction-to-end-by-spring\">the end of the correction<\/a> for the leading cryptocurrency in March-April. Glassnode suggested that the asset&#8217;s redistribution phase <a href=\"https:\/\/forklog.com\/en\/news\/analysts-set-out-bitcoins-potential-bottom-range-amid-the-correction\">could be prolonged<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The $80,000 support level for Bitcoin is fragile due to macroeconomic weaknesses and will not serve as the bottom in this correction, according to a report by QCP Capital. Asia Colour \u2014 19 Mar 25 1\/ It\u2019s been a month since the S&#038;P 500 hit a new high, but the mood has soured. Market exuberance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1146,1249,1224,1326,1253],"class_list":["post-22221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-market-forecasts","tag-federal-reserve-system","tag-macroeconomics","tag-qcp-capital","tag-technical-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"26","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=22221"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/22221\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/22220"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=22221"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=22221"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=22221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}