QCP Capital: BTC Will Continue to Hold Support at $60,000
2024-06-27 08:42:09
On June 27th, QCP Capital, a Singapore-based crypto investment institution, published that BTC continues to hold the $60,000 support level despite the US government transferring 3,940 BTC to Coinbase Prime after receiving clearance approval. The reasons why it believes that the $60,000 support level will be held are as follows: The German government slowed down the sending of BTC to exchanges, sending only 250 BTC yesterday. This may indicate that we are nearing the end of its current selling plan. After 7 consecutive days of net outflows, the Bitcoin Spot ETF has finally reported a net inflow of $52.40 million in the past two days.
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