{"id":71542,"date":"2024-02-15T19:41:19","date_gmt":"2024-02-15T23:41:19","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=71542"},"modified":"2024-02-15T19:42:28","modified_gmt":"2024-02-15T23:42:28","slug":"qcp-capital-announces-new-deadline-for-btcs-all-time-high","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/qcp-capital-announces-new-deadline-for-btcs-all-time-high\/","title":{"rendered":"QCP Capital Announces New Deadline for BTC\u2019s All-Time-High"},"content":{"rendered":"\n

According to QCP Capital analysts, Bitcoin will keep rising<\/a> until March 2024, when it reaches $50,000.<\/p>\n\n\n\n

\"QCP
QCP Capital Announces New Deadline for BTC\u2019s All-Time-High<\/figcaption><\/figure>\n\n\n\n

For the first time in over two years, Bitcoin has surged beyond $50,000. Some analysts predict this rising trend will last until March 2024. The decision was made in response to the remarkable daily inflows from Bitcoin spot ETFs<\/a>, which totaled $500\u2013650 million, or 10,000\u201313,000 BTC.<\/p>\n\n\n\n

Analysts expect these inflows to continue as global liquidity shifts into spot ETFs, noting such tendencies. QCP Capital Analysts: <\/p>\n\n\n\n

\n

\u201cWith the likes of Fidelity announcing a 1-3% cryptocurrency allocation in their All-in-One conservative ETF, the crypto asset class is now front and center for mainstream investors.\u201d<\/p>\n<\/blockquote>\n\n\n\n

Analysts at QCP Capital \r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>note that there has been significant purchasing of BTC call options in addition to spot inflows. Approximately $10 million was paid this week for insurance payments covering 60,000\u201380,000 strikes that expire between April and December. <\/p>\n\n\n\n

\n

\u201cOn the back of these flows, BTC can easily break all-time highs by the end of March\u201d<\/p>\n<\/blockquote>\n\n\n\n

For the first time since December 2021, the price of Bitcoin surpassed $50,000 at the start of this week. On February 14, BTC then exceeded the $52,000 mark, according per CoinMarketCap data<\/a>.<\/p>\n\n\n\n

\"Source:
Source: CoinMarketCap<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"

According to QCP Capital analysts, Bitcoin will keep rising until March 2024, when it reaches $50,000. For the first time in over two years, Bitcoin has surged beyond $50,000. Some analysts predict this rising trend will last until March 2024. The decision was made in response to the remarkable daily inflows from Bitcoin spot ETFs, […]<\/p>\n","protected":false},"author":43,"featured_media":71544,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[17170,152,18439],"class_list":["post-71542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-all-time-high","tag-bitcoin","tag-qcp-capital"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/02\/croc_1708038441140.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/71542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=71542"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/71542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/71544"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=71542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=71542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=71542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}