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QCP Capital: Bitcoin prices will fluctuate between $61,000 and $70,000 until the fourth quarter.

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#Bitcoin
Odaily
327Words
Aug 24, 2024

Odaily Planet Daily News QCP Capital stated that $BTC has easily returned to the familiar range of 61 to 70 thousand US dollars, with selling pressure slowly decreasing, and spot ETFs have seen net inflows on 10 out of the past 12 days. Similar to last night, cryptocurrencies seem to be indeed looking for a narrative to break through the bullish flag of the past few months. Despite the importance of next week's Nvidia earnings report and even the rate cut in September, spot prices will continue to fluctuate near this range until the fourth quarter.

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