Experts from QCP Capital stated that the negative news background has "put a barrier" for the Christmas rally of the first cryptocurrency. However, the situation may change after December 27, when the expiration of Bitcoin and Ethereum options will take place. QCP Capital explained that there is currently a outflow of funds from spot Bitcoin ETFs and a weakening of liquidity in the market. According to analysts, even the recent purchase by MicroStrategy of 5,262 BTC for $561 million did not change investor sentiment, serving rather as a signal of the company's diminishing interest in risk. "The situation may change during the New Year days, after the expiration of Bitcoin and Ethereum options on December 27, and there is a possibility of sharp fluctuations in the asset's price until the end of the year," the experts announced. Among traders, mixed sentiments persist, and the current situation should not serve as a reason for panic, analysts warned. As long as Bitcoin maintains support above the critical level of $90,000, there is a chance for digital gold to return to new highs in early 2025, noted QCP Capital specialists.