QCP Capital: Bitcoin will fluctuate between $61,000 and $71,000 in the short term
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Odaily Odaily News QCP Capital released an analysis report pointing out that Bitcoin will fluctuate between $61,000 and $71,000 in the short term, especially as dealers hold a large number of options with a strike price of $67,000 on July 26. The market is clearly betting on a breakthrough before the US election. Even though the spot price fell overnight, QCP Capital still saw a large number of institutional interest in the $100,000 call option in December. This shows that as Trump's chances of winning the election increase, the confidence in a rebound at the end of the year is stronger.
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