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QCP Capital: Bitcoin will maintain an upward trend.

Sep 12, 2024 10:52:21

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ChainCatcher news, according to Cointelegraph, QCP Capital believes that Bitcoin bulls need not worry about the upward trend in BTC prices. The institution emphasized the so-called "three bullish reasons" to maintain confidence in Bitcoin's future robustness, which are:

  1. The strong performance of the U.S. stock market's impact on cryptocurrencies;
  2. Political support from U.S. presidential candidates;
  3. The upcoming adoption of a spot ETH exchange-traded fund (ETF).

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