TechFlow news: QCP Capital said that rising dollar and U.S. Treasury yields, along with weak equity trading, are weighing on Bitcoin. If the market continues to rule out rate cuts, a broad decline in risk appetite will be seen, impacting prices across asset classes. However, BTC is still viewed as a "buy-the-dip" opportunity due to:
a. Traders continue to observe strong buying in forward-dated options through December 2024 to March 2025 (indicating structural bullishness for BTC)
b. Increasing institutional participation and growing demand for spot ETFs.




