![Bitcoin (BTC) Prices Could Come Down to $36K Before Uptrend Sam Reynolds](https://btcusa.com/wp-content/uploads/2023/12/Bitcoin-BTC-Prices-Could-Come-Down-to-36K-Before-Uptrend-678x381.jpg)
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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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