Odaily Planet Daily According to QCP Capital's analysis, although there was a significant volatility in BTC during Trump's speech at the BTC conference, the market did not experience the drastic volatility expected by options traders. BTC remained within the range of $67,000-$70,000, and the volatility decreased sharply. Trump's speech echoed industry expectations, but the market may need more significant catalysts to achieve a major breakthrough. These catalysts may be realized before the U.S. election when commitments and policies become clearer. Despite Trump's optimistic remarks, BTC has still not surpassed its all-time high, so BTC may continue to trade within the current range.
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QCP Capital: Trump made optimistic remarks, but BTC still failed to break through historical highs
Odaily Planet Daily According to QCP Capital's analysis, although there was a significant volatility in BTC during Trump's speech at the BTC conference, the market did not experience the drastic volatility expected by options traders. BTC remained within the range of $67,000-$70,000, and the volatility decreased sharply. Trump's speech echoed industry expectations, but the market may need more significant catalysts to achieve a major breakthrough. These catalysts may be realized before the U.S. election when commitments and policies become clearer. Despite Trump's optimistic remarks, BTC has still not surpassed its all-time high, so BTC may continue to trade within the current range.