Bitcoin Eyes $67K After Halving as Altcoins Primed for Short Squeeze, Hedge Fund Says
Submitted by Anonymous (not verified) on Tue, 04/23/2024 - 00:50Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Crypto-focused stocks also bounced higher, led by bitcoin miners Riot Platforms and Hut 8.
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.



Bitcoin could enter a period of consolidation before its next leg in the rally, observers noted.
QCP's sentiment towards ETH is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market.
Bitcoin's sharp rebound from Tuesday's plunge indicates a start of a new rally targeting $76,000, Swissblock said.
In a recent note, the Singapore-based investment fund said expects topside resistance for bitcoin in the $45k-$48.5K region.
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