The cup is broken! The horn of attack has been sounded!
QCP Capital: It’s time to buy the bottom of Bitcoin
QCP Capital released a report on June 27, which stated that QCP believes that Bitcoin can hold the support level of $60,000 because the German government has slowed down the transfer of Bitcoin to exchanges, and only transferred 250 Bitcoins yesterday, which may indicate that their current selling plan is nearing the end. In addition, after 7 consecutive days of capital outflows, the Bitcoin spot ETF finally reported a net inflow of $52.4 million in the past two days.
The report further stated that because the ETF capital inflow turned positive and the impact of the Mentougou incident may have been largely digested, the time to buy the bottom of Bitcoin has arrived.
