TechFlow reports on July 29 that QCP Capital's latest report indicated although Bitcoin experienced increased volatility during Trump's speech, the market did not see the extreme fluctuations anticipated by options traders. Bitcoin remained within the range of $67,000 to $70,000, with volatility significantly declining. The market may require a more substantial catalyst for a major breakout, which could occur as the U.S. election approaches. Given Bitcoin's failure to surpass its all-time high despite Trump's optimistic remarks, it is expected to continue trading within this range.
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