Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»QCP Capital: Bitcoin is likely to remain in a narrow trading range amid market uncertainty
ADOPTION NEWS

QCP Capital: Bitcoin is likely to remain in a narrow trading range amid market uncertainty

By Crypto FlexsAugust 26, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
QCP Capital: Bitcoin is likely to remain in a narrow trading range amid market uncertainty
Share
Facebook Twitter LinkedIn Pinterest Email

While optimism about bitcoin has grown since Federal Reserve Chairman Jerome Powell’s Jackson Hole speech last Friday, analysts say derivatives data shows the market is still hesitant.

“While the Bitcoin price rally following Fed Chair Jerome Powell’s speech was decisive, (implied volatility) is indicating hesitation in the market as front-end volatility is lower,” the QCP Capital analysts added, adding that Bitcoin is likely to continue trading within a narrow range of $62,000 to $67,000 in the short term.

Federal Reserve’s Dovish Attitude at Jackson Hole Symposium

Since Federal Reserve Chairman Jerome Powell’s dovish stance at the Jackson Hole Symposium last Friday, QCP Capital analysts have observed aggressive call spread buying, particularly on longer-dated options expiry dates.

Following Powell’s speech saying “it’s time to adjust monetary policy,” derivatives data suggests investors are bracing for a potential price rally, which is increasing optimism about Bitcoin’s future performance in a potentially favorable currency environment. However, QCP Capital analysts highlighted data suggesting that derivatives traders are not expecting a potential Bitcoin price rally in the short term.

“We saw a call price surge close to $100,000 by March 2025, which could indicate that the market is bullish but don’t expect an explosive move to happen so quickly,” they said.

A QCP Capital report on Monday added that Bitcoin’s implied volatility is more skewed toward puts than calls through October expiration. If implied volatility is more skewed toward puts in the coming months, it suggests the market is hedging against a potential price decline in the near term.

“Given the overwhelmingly bullish sentiment, this is surprising and suggests the market was well prepared for this move and was quick to sell calls to realize profits,” QCP Capital analysts said.

Bitcoin Bitcoin

-0.55%
It has fallen by about 1.5% over the last 24 hours and is currently trading at around $63,239. The pricing page of the block.


Disclaimer: The Block is an independent media outlet providing news, research and data. As of November 2023, Foresight Ventures is the largest investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information on the cryptocurrency industry. Below are the current financial disclosures.

© 2024 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Algorand (Algo) Get momentum in the launch and technical growth.

July 14, 2025

It flashes again in July

July 6, 2025

Stablecoin startups surpass 2021 venture capital peaks as institutional money spills.

June 28, 2025
Add A Comment

Comments are closed.

Recent Posts

CARV Advances AI Beings Roadmap With Hackathon And 12+ Ecosystem Partnerships

July 22, 2025

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025

Monarq Asset Management Appoints Sam Gaer As CIO To Lead Directional Strategy

July 21, 2025

Little PEPE surpasses $ 4 million in pre -sales, emerging as one of the main memes in 2025.

July 21, 2025

Bitcoin Price $ 123K Explosion -Trader Brace for Brake Out

July 20, 2025

Ether Lee Rium breaks $ 3K with 7,200% of the virus L2 coin eyes.

July 20, 2025

XRP Breaks Through $3.5! DL Mining Launches AI Cloud Mining Contracts, Earning Steady Profits Every Day

July 20, 2025

AAVE gains strength as AAVE dominates defect loans with net deposits of $ 50B or more.

July 19, 2025

As XRP Surges, DLMining Platform Opens New High-yield Cloud Mining Opportunities For Holders

July 19, 2025

Missed Out On Bitcoin At $9999? SIM Mining Cloud Mining Brings You New Opportunities For Wealth!

July 19, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

CARV Advances AI Beings Roadmap With Hackathon And 12+ Ecosystem Partnerships

July 22, 2025

POLYMARKET will re -enter the United States after the acquisition of QCEX $ 112 million.

July 22, 2025

FTT increases by 7% as the backpack starts the platform to help victims clear liquidation.

July 21, 2025
Most Popular

Bitcoin mining stocks have added billions of dollars to their market cap over the past two weeks.

July 24, 2024

New cryptocurrency ICO Dogecoin20 raises $250,000 on first day of launch – The next big meme coin?

March 15, 2024

After the mainnet went live and Binance listed, the volatility of Saga tokens is very high.

April 9, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.