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Home » The Analysis Company foreseeing a Bitcoin increase in July has unveiled its forecasts for the third quarter and yearend
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The Analysis Company foreseeing a Bitcoin increase in July has unveiled its forecasts for the third quarter and yearend

By admin7 月. 3, 2024没有评论2 Mins Read
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The Analysis Company foreseeing a Bitcoin increase in July has unveiled its forecasts for the third quarter and yearend
The Analysis Company foreseeing a Bitcoin increase in July has unveiled its forecasts for the third quarter and yearend
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Certainly! Here’s a creatively rephrased version of the article:

—

**Crypto News Analysis**

**QCP Capital Forecasts Bitcoin Rise in July, Unveils Q3 and Year-End Predictions**

By Elif Azra Güven | July 3, 2024 – 14:32

**Update**: Just now

Amidst a challenging June for Bitcoin, QCP Capital, a prominent Singaporean crypto investment firm, anticipates a rebound in July.

Highlighting historical trends, QCP Capital recently revealed its optimistic outlook, noting a prevalent uptrend expected for BTC this month.

Despite recent market corrections, analysts at QCP Capital observe sustained bullish sentiment in the options market, signaling investor anticipation of a year-end surge.

Reflecting market confidence, substantial long-term options purchases ranging from $100,000 to $120,000 indicate robust future expectations, despite ongoing spot selling pressures.

However, uncertainties surrounding Mt. Gox’s potential impact suggest a potentially stagnant third quarter for Bitcoin, cautioning against over-optimism.

Federal Reserve Chairman Jerome Powell’s remarks on the US economy’s deflationary path buoyed stock markets to record highs, yet Bitcoin and Ethereum prices remain relatively stable around $60,000 and $3,300, respectively.

Looking ahead, QCP Capital remains watchful of market dynamics, projecting a cautious third quarter amidst lingering uncertainties over Gox refunds.

*Disclaimer: This article does not constitute investment advice.*

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