Bitcoin (BTC) Prices Could Come Down to $36K Before Uptrend Resumes, QCP Capital Says

Coinbase
Sam Reynolds
Coinbase



The January launch of a bitcoin (BTC) spot exchange-traded fund (ETF) is expected to face subdued demand initially, which could lead to a ‘sell the news’ scenario, Singapore-based QCP Capital wrote in a recent note. This could result in short-term volatility for bitcoin, which will shift the focus towards ether (ETH).



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