Faster global financial news!
QCP Capital analysts expect Bitcoin's Q4 trading range to be $80,000 to $90,000.
QCP Capital analysts expect Bitcoin to primarily trade between $80,000 and $90,000 in the fourth quarter. The firm believes that Bitcoin could break above $100,000 if spot ETF inflows continue, the Federal Reserve pauses interest rate hikes, the dollar weakens, and the CLEAR Act progresses. However, if the Middle East conflict escalates, oil prices rise, and the Federal Reserve implements further rate hikes, Bitcoin could fall below the $68,000 to $70,000 range. Additionally, US spot Bitcoin ETFs recorded a net outflow of $487.1 million on Wednesday.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
China's A-share optical chip sector collectively plummeted on October 8, with the optical chip index falling over 5%.
-
2
Several large funds are contrarian buying Italian government bonds and European corporate bonds, betting that the market is overpricing concerns about systemic risks in the Eurozone.
-
3
Crypto investment firm Deus X Capital to shut down as backers split strategies; CEO to lead AI venture
-
4
Ethereum's Potential Bearish Factors: Challenges and Risks Coexist
-
5
How Does Bitcoin Store Transaction Data? Core Mechanism Analysis
-
6
The Wall Street Journal reveals US Treasury Secretary Scott Bessent's 20-month tenure: hot-tempered, nepotistic, economic goals unmet but deeply trusted by Donald Trump.
-
7
Standard Chartered plans to expand crypto custody services in Singapore for institutions
-
8
Trump says he is no longer keen on a deal with Iran, following reports that the US is preparing for "massive bombing."
-
9
Ethereum Foundation Researcher Warns AI Could Break Crypto Wallet Security in Months
-
10
South Korea's defense industry faces recalibration in Europe as battlefield demands shift
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
