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Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital

NewsBTC LogoNewsBTC11h ago

Bitcoin Option Traders Are Betting On A Price Breakout Ahead Of US Elections: QCP Capital - NewsBTC

Quick Summary:

Related Reading: Buying Ethereum Beta’ Altcoins Is A Recipe For Disaster, Researcher Finds According to the QCP analysts, the resilient upward movement of the BTC price reflects how the market may have "shaken off” most of its concerns.

Interestingly, recent trading data have led QCP Capital, a prominent trading data, to suggest that Bitcoin might only be warming up for an even bigger price rally.

According to the company’s analysts, the premier cryptocurrency looks primed for significant price growth ahead of the United States elections.


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Article Details

Author / Journalist: Opeyemi Sule

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-20 @ 20:30:55 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 431 words

Reading Time: 3 minutes read

Sentences: 63 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © NewsBTC

News ID: 21700257

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About NewsBTC

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Main Topics: Crypto

Official Website: newsbtc.com

Update Frequency: 5 posts per day

Year Established: 2013

Headquarters: United Kingdom

News Last Updated: 16 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #102

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