QCP Capital: Bitcoin price is expected to continue to break new highs in the second quarter
According to Wu Talk, options professional institution QCP Capital said that most people expect Bitcoin prices to continue to break new highs in the second quarter, especially after the Bitcoin halving in April. But on the other hand, Bitcoin spot ETFs are showing signs of exhaustion from net outflows. If these capital outflows continue on a large scale, will it lead to a reversal of the first quarter rebound? Binary outcomes create a challenging trading environment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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