Bitcoin (BTC) $93,746.2 price It started to recover, albeit slightly, and regained $94,000. After the decline that has continued for days, investors are now eagerly waiting for a return to compensate for their losses. While the article was being prepared, QCP Capital experts shared their current predictions for the markets and announced the date they expected the rise to begin.
Cryptocurrencies 2025 Predictions
end of 2024 cryptocurrencies Although it offers good opportunities for the bulls, volatility has increased in recent weeks to the detriment of the bulls. in altcoins The long-standing BTC decline combined with sales is demoralizing.
However, QCP Capital experts consider this boring period normal since it is the end of the year.
“As expected, we saw typical quarter-end expiration vol selling as vols were 2-3 vols lower since Friday’s record-breaking expiration.
Despite BTC consolidating near the bottom of the 1-month range and its monthly return remaining flat, both BTC and ETH performed well in Q4: BTC was up 48% and ETH was up 30%. However, it may be a little early to summarize the quarter for now. Just yesterday, Saylor re-released his BTC buying tracker, indicating another round of buying that could further support prices.
Despite the possibility of another round of buying, we remain skeptical of any New Year fireworks, especially since funding remains healthy. Average returns for January (+3.3%) are relatively similar to December (+4.8%) and we can expect spot to remain in this range in the near term before things start to pick up from February onwards.
Option flows reflect similar sentiments; frontend vols are falling and risk-reversals are being offered most for Calls in March, partly due to a significant amount of March (120k-130k) Calls purchased last Friday.”
Looking at the intensity in the option markets, analysts predict that the real big recovery will begin in the markets in February.
Bitcoin (BTC)
Lingering around $94,000 BTC It is struggling to maintain the support near $93,250. We have seen significant jumps from many tested levels. Trump’s inauguration on January 20 will be a big event for investors, and it can be considered normal to see profit sales before that.
If there is a loss of the key support level, there could be a drop to the support zone around $90,500 and $86,931.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
