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Macro Storm Brewing: QCP Capital Eyes Key Data for Crypto’s Fate

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QCP Capital’s latest analysis provides a snapshot of a crypto market attempting to stabilize amidst significant macroeconomic turbulence. QCP Capital Highlights Macro Pressure on Bitcoin’s Inflation Hedge Role On Monday, the firm’s market observations highlight the resilience of key cryptocurrency levels while noting potential challenges ahead. QCP Capital noted that the U.S. labor market’s strong … Read more

Bitcoin Whiplash: Crypto Giant Plummets Below $90K, Triggers Cascade of Liquidations

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Bitcoin’s price exhibited a tempestuous performance on Monday, as the leading cryptocurrency plunged from approximately $94,000 to under $90,000 by 9:35 a.m. EDT. Following this descent, BTC demonstrated a partial recovery, ascending to hover within the $92,300 to $93,000 bracket. From $94K to $89K: Bitcoin’s Wild Day The day began as a dramatic tale of … Read more

‘Best-Performing Asset This Year’: Tom Lee Doubles Down on Bitcoin’s Ascent

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Tom Lee, co-founder and managing partner at Fundstrat, has expressed confidence in bitcoin’s long-term prospects. Although the cryptocurrency currently sits approximately 15% below its all-time high, Lee contends that those purchasing at the $90,000 mark would likely not face financial losses. Tom Lee Still Targets $250K as Investors Hold Their Breath Tom Lee has consistently … Read more

Bitcoin Technical Analysis: Bulls and Bears Battle Over Market’s Next Direction

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Bitcoin’s price was $94,372 on Jan. 11, 2025, with a market cap of $1.86 trillion. Daily trading volume reached $52.92 billion, with intraday fluctuations between $92,275 and $95,798. Bitcoin The daily chart illustrates a prevailing bearish tone after a sharp retreat from a high near $108,364. The price rebounded from a $91,215 low to consolidate … Read more