QCP Capital: Unless there are any hawkish surprises, $60,000 remains a strong support level for Bitcoin price

2024-05-13 19:32:25
Collection

ChainCatcher message, QCP Capital released a report on social media stating that as the market digests the fundamental factors of several major macro events this week, price movements may oscillate around the current price. Given the strong rebound from last week's low, unless there are any hawkish surprises, 60,000 seems to remain a strong support level (BTC risk reversal is at a neutral level). Overall, as the market receives clearer information from the Federal Reserve, traders remain structurally bullish on BTC even if spot continues to consolidate here.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators