• 34ºc, Sunny

QCP Capital: Predicting that the market will bet on a breakout ahead of the election, and the rebound confidence will be stronger at the end of the year

QCP Capital posted on the official channel that futures funds returned to flat, volatility gradually declined, and BTC returned to the familiar 61,000 to 71,000 range. Bitcoin fluctuated in this range in the second quarter of this year. It is predicted that the market will bet on the market breakout on the eve of the US election. Even if the overnight spot price is low, there is still a lot of interest in the call option of $100,000 in December. This signals that the market is more confident of a rebound at the end of the year as the probability of Trump's victory increases.