QCP Capital: Trump made optimistic remarks, but Bitcoin has not yet broken through its historical high.

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ODAILY
07-29
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Odaily Odaily News According to an analysis published by QCP Capital, although Bitcoin fluctuated greatly during Trump's speech at the Bitcoin Conference, the market did not experience the sharp fluctuations expected by option traders. Bitcoin remained in the range of $67,000-70,000, and volatility dropped sharply. Trump's speech echoed industry expectations, but the market may need a more important catalyst to achieve a major breakthrough. This catalyst may be realized before the US election when commitments and policies are clearer. Despite Trump's optimistic remarks, Bitcoin has failed to break through its historical highs, so Bitcoin may continue to trade in the current range.

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