QCP Capital: Without any hawkish surprises, $60,000 is still a strong support level for Bitcoin prices
ChainCatcher news, QCP Capital released a report on social media saying that as the market digests the fundamental factors of several major macro events this week, the price trend may fluctuate around the current price. In view of the strong rebound from last week’s low, if there is no eagle Unexpectedly, 60,000 appears to still be a strong support level (with BTC risk reversal at a neutral level). Overall, traders are structurally bullish on BTC even as spot continues to consolidate here while the market gets more clarity from the Fed.
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.
You may also like
Numerai completes $30 million Series C funding round
"Machi" has been liquidated 145 times since the "1011 crash"
Goldman Sachs: Stock Sell-Off Expected to Reach $40 Billion Next Week