QCP Group: Bitcoin’s Upward Break Unlikely Without Strategic Bitcoin Reserve Confirmation

Jan 28 2025 bitcoin


Bitcoin Breakout Incoming Here are the Next Targets for the BTC Price Rally

The post QCP Group: Bitcoin’s Upward Break Unlikely Without Strategic Bitcoin Reserve Confirmation appeared first on Coinpedia Fintech News

Recently, QCP Group noted that Bitcoin (BTC) dropped below $100,000, along with other risky assets declining, as worries about China’s Deepseek technology spread across global markets. QCP believes that BTC won’t rise without the confirmation of a Strategic Bitcoin Reserve. It noted that the Trump administration’s evaluation for a ‘national digital asset stockpile’ was not …