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QCP Capital Experts Believe Bitcoin Will Fall in Early 2023

ByLouis Adams

Jan 2, 2023 #Bitcoin
Reading time: < 1 minute

According to the experts of QCP Capital, Bitcoin volatility is now at a two-year low due to the inactivity of most traders.

The BTC rate fell sharply last Friday and the crypto has been trading in a narrow range since mid-December.

According to QCP Capital, weak activity is a bearish signal for BTC.

Another strong drop in Bitcoin awaits us at the beginning of the year, they say, as capital will go into US government bonds.

QCP Capital analysts do not exclude that the negative will dominate the crypto market until the spring of 2023.