TechFlow news, September 30 — QCP Capital's latest analysis indicates that Bitcoin and stock markets outperformed expectations at the end of the third quarter. Bitcoin rose over 7% in September, marking one of its strongest September performances on record; the S&P 500 gained 5.1% in the third quarter, the best such period since 1997. Global risk appetite remains strong—after China launched a large-scale property sector support program, the CSI 300 surged 9% in a single day. QCP expects Bitcoin to benefit from potential equity market pullbacks amid global monetary easing. QCP maintains a medium-term bullish view on Bitcoin, believing a breakout above $70,000 could trigger further upward momentum.
Add to Favorites
Share to Social Media
