QCP Capital: The market is expected to bet on a breakthrough on the eve of the election, and the confidence in a rebound at the end of the year is even stronger

Odaily News QCP Capital posted on its official channel that futures funds have returned to a flat level, volatility has gradually declined, and BTC has returned to the familiar range of 61,000 to 71,000. Bitcoin has fluctuated in this range in the second quarter of this year, predicting that the market will bet on a breakthrough on the eve of the US election. Even though the overnight spot price is low, institutions still have a great interest in the December $100,000 call option. This indicates that as the possibility of Trump's victory increases, the market is more confident about the rebound at the end of the year.