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QCP latest report: BTC demand remains strong, and the price is expected to remain stable support by the end of the year
CoinVoice latest learned that QCP released the latest report, which showed that BTC reached a historical high of $97,900 this morning, driven by yesterday's market pump. This pump stems from the optimistic sentiment towards Cryptocurrency, especially the rise in the importance of BTC in the corporate world and the increase in capital inflows.
MicroStrategy is expected to raise $2.6 billion to buy more Bitcoin. MSTR Market Cap has exceeded $100 billion and ranked first in volume in the US market last night.
Several corporate finance departments imitate MicroStrategy by incorporating BTC into their reserves, Acurx Pharmaceuticals reportedly purchased BTC worth $1 million.
As the inauguration ceremony of Trump approaches, the market's enthusiasm for buying call options in January is high.
Outlook for the future:
BTC stabilizes above $97,000, just a step away from the $100,000 milestone. This week, we have observed strong demand for bullish call options in March and June, indicating investors' long-term bullish outlook for next year.
BitcoinSpot ETF has won for three consecutive days, with a net inflow totaling 18.4 billion US dollars. This year, BTC ETF is the biggest factor driving additional capital inflow into BTC, with a net inflow of 29.4 billion US dollars in the United States.
With further relaxation of monetary policy by global Central Banks, the strong demand for BTC continues to exist, and it is expected that the price will maintain support before the end of the year. [Original link]