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QCP: BTC's path to $100,000 level stalled, ETH implied volatility has shifted to put options
QCP Capital published an analysis noting that the recent decline in bitcoin prices, with long liquidations exceeding $430 million, coincided with the end of five consecutive days of net inflows in spot ETFs, which recorded an outflow of $438 million on Monday, while MicroStrategy fell another 4.4%. With the US holiday approaching and no immediate catalyst to drive prices higher, BTC's path towards the $100,000 level stalled. In addition, ETH implied volatility...
2024-11-26 09:14:30
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