Cryptocurrency trading firm QCP Capital stated that the recent declines in the cryptocurrency market will not have a permanent effect.
Cryptocurrency market, especially Bitcoin March 15 It saw significant declines in the early hours of the day. Bitcoin And in Ethereum depreciation within 24 hours to 10% A statement came from QCP Capital regarding the issue.
Analysts say this latest The decline will not affect the long-term goal He emphasized that it will probably remain just as liquidity cleaning. Especially spot Bitcoin ETFs As long as the demand for They do not expect the decline to continue announced:
As long as daily Bitcoin spot ETF demand remains strong, it is unlikely that these short sales will deal a permanent blow to the uptrend.
On the other hand, both crypto money and global markets are expected to take place next week. US FOMC meeting It was stated that pricing may have started. Also in option markets There is a sales-oriented activity Stating that QCP Capital analysts invited investors to be careful:
As the market positions for the FOMC next week (March 20), we are preparing for a volatile weekend. Open interest data in option markets has also been rising insidiously in the last 24 hours. However, options continue to be in demand at $100-150 thousand for the year-end Bitcoin price.