QCP Capital: If BTC repeats the previous three halving patterns, bulls will have several weeks to expand their positions

Odaily News Crypto market maker QCP Capital pointed out in its latest analysis report that after the first three halvings, the price of BTC rose exponentially in about 50 to 100 days. If this pattern reappears, BTC bulls still have a few weeks to establish larger long positions. It said that what may be seen in the short term is a short squeeze caused by altcoins and meme coins, while the improvement of speculative sentiment may lead to ETH short covering and the recovery of leveraged longs.