QCP Capital, the leading crypto asset trading firm, forecasts a record-breaking surge in Bitcoin following the halving event. The power of liquidity rotation pushing Bitcoin to unprecedented levels.”
The latest market update from the firm reveals a staggering $1 billion surge in Bitcoin ETF inflows on March 12. But just as quickly as it soared, the tide turned with a whopping $326.2 million outflow – the largest to date – causing Bitcoin’s price to plummet to $60,770 before bouncing back to over $63,000. However, the excitement may be short-lived as today’s trading volume has dropped by 8%, hinting at a possible slowdown in liquidation.
Could the recent shifts in the market signal a shift towards a daily decrease in funds, or are investors simply adjusting their positions before the highly anticipated FOMC meeting? The Federal Reserve has hinted at three potential rate cuts in the near future, causing the market to adjust accordingly. These cuts have historically caused a rise in Bitcoin prices, as they make traditional investments less appealing and increase the attractiveness of non-yielding assets like Bitcoin.
“Unstoppable inflation and soaring expenses in the energy, housing, and supply chain sectors are causing a stir, leading to a possible reassessment that could result in just two cuts. As per QCP Capital, this could spell trouble for Bitcoin’s market value.”
“Amidst a sea of uncertainties, the firm’s faith in Bitcoin’s future remains unshaken. They envision a grand “liquidity rotation” that will catapult the cryptocurrency to unprecedented heights, triggered by its upcoming halving event. Of course, they are not oblivious to the potential for a short-term dip caused by high levels of leverage.
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But fear not, for they have a solution – the Enhanced Sharkfin strategy. This clever approach not only shields your investment, but also promises lucrative gains amidst the market’s wild swings.” According to QCP, this approach provides an optimal balance that minimizes downside risk while maximizing the potential for profit from Bitcoin’s increase in value.