QCP Capital: Bitcoin ETF fund inflows have turned positive, the impact of Mt.Gox has been digested, and the time to buy the bottom of Bitcoin has come

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Odaily2024/06/27 09:10

By:Odaily

Odaily News QCP Capital released a report on June 27, which stated that Bitcoin was able to hold the $60,000 support level because the German government slowed down the transfer of Bitcoin to exchanges, with only 250 Bitcoins transferred yesterday, which may indicate that their current selling plan is nearing its 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 Mt. Gox incident may have been largely digested, the time to buy the bottom of Bitcoin has arrived.

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