CandleFocus Analytics Company Reveals What to Expect for Bitcoin Price in New Year’s Eve
2024-12-31
Author: Content Editor
Crypto analytics firm QCP Capital has provided an update on Bitcoin's performance and the market following the end of the quarter. The firm observed a decline in volatility after last week's options expiration, with the BTC price consolidating near the lower end of its one-month range. Despite lackluster returns in December, QCP suggests that recent activity, such as MicroStrategy's Bitcoin purchases, could support further price gains. QCP takes a cautious short-term view, predicting calm prices in the coming weeks but expects market activity to pick up in February.
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