Bitcoin price strength is not in danger after the Mt. Gox sell-off, says QCP Capital, as multiple factors align to boost crypto markets.
Bitcoin (BTC) dropping to multi-day lows is nothing against the broader BTC price uptrend, new analysis says.
In its latest market commentary sent to Telegram channel subscribers on May 28, trading firm QCP Capital dismissed recent “bouts of supply anxiety."
Bitcoin bulls have little to worry about when it comes to the BTC price uptrend, QCP Capital argues.
