The biggest cryptocurrency Bitcoin (BTC) 
$89,143is heading towards historic highs after the US presidential elections. QCP Capital thinks this strong rally will continue. According to experts, target prices between 100 thousand dollars and 120 thousand dollars are now realistic targets. However, market dynamics should be monitored carefully. Especially trading behavior and leveraged transactions pose critical risks.
Risks in the Market
QCP Capital Analysts stated that there were significant changes in the market. The rise in Bitcoin’s price is shaped by the strategic moves of major investors. During a rally, many investors sell call options with the expectation that the price will rise. They are also turning to put options to reduce downside risk. This situation in the market implied volatilityIt has caused the decline of .
On the other hand, especially altcoin marketHigh leverage ratios attract attention. The annual funding rate in perpetual futures contracts has reached the range of 50 percent to 100 percent for some altcoins. This increases sensitivity to price fluctuations. QCP Capital warns that a possible deleveraging wave in the altcoin market could have serious effects.
Bitcoin and the Trump Factor
QCP Capital emphasized that a broader market transformation lies behind Bitcoin’s strong stance. Accordingly, former US President Donald Trump‘s return to the presidency increased the appetite in the market. During Trump’s presidency, a strategic Bitcoin reserve The idea of creating one is being talked about among investors. Also the USA gold Speculations about exchanging assets with Bitcoin also attract attention. All these expectations provide strong support to Bitcoin’s price.
According to analysts Bitcoin marketIt is an exciting but also risky process. Investors need to act by taking into consideration market volatility and leverage risks. As Bitcoin continues to push its historical highs, market players are preparing for a new rise.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
