Odaily Planet Daily QCP Capital released an analysis report pointing out that in the short term, BTC will fluctuate between $61,000 and $71,000, especially as dealers hold a large number of options with a strike price of $67,000 on July 26, betting on a breakthrough before the US election. Despite the overnight drop in spot prices, QCP Capital still sees a strong interest from institutions in call options with a strike price of $100,000 in December. This indicates a stronger confidence in the year-end market rebound as the probability of Trump’s reelection increases.
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QCP Capital: In the short term, BTC will fluctuate between $61,000 and $71,000.
Odaily Planet Daily QCP Capital released an analysis report pointing out that in the short term, BTC will fluctuate between $61,000 and $71,000, especially as dealers hold a large number of options with a strike price of $67,000 on July 26, betting on a breakthrough before the US election. Despite the overnight drop in spot prices, QCP Capital still sees a strong interest from institutions in call options with a strike price of $100,000 in December. This indicates a stronger confidence in the year-end market rebound as the probability of Trump’s reelection increases.