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2025 Report for Cryptocurrencies from QCP: Horizontal Trend in the First Months, Target in March! - Coin Bulletin
QCP Capital noted that the increasing demand for buying options for March could be a sign of a rise while expecting Bitcoin and Ethereum to trade sideways in the first months of 2024.
QCP Capital, evaluating the latest developments in the cryptocurrency market, reported that the expected decrease in volatility of Bitcoin (BTC) and Ethereum (ETH) has occurred as the year-end approaches.
In a statement by QCP Capital, it was noted that after the expiration of options at a record level last Friday, volatility decreased by 2-3 points.
Bitcoin and Ethereum performance
BTC, although it consolidated at the lower end of the 1-month trading range in November and demonstrated a sideways performance this month, it showed a 48% increase in the fourth quarter of 2024.
Meanwhile, Ethereum recorded a 30% increase during the same period. However, QCP Capital emphasized that it is still too early to evaluate the quarterly results, highlighting that a tweet yesterday from Michael Saylor signaling plans to buy Bitcoin again could have positive effects on prices.
Expectations for the cryptocurrency market in 2024
QCP Capital expressed that there is not expected to be a significant price movement at the beginning of the new year. The average returns of January (+3.3%) usually remain close to December (+4.8%), and it is stated that more significant movements can be observed starting from February.