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Bitcoin Focused on May and June: Attention Until 100 Thousand Dollars is Surpassed! - Coin Bulletin
Bitcoin investors are wondering whether it will be able to rise above the 100 thousand dollar level in May and June, while QCP Capital points out that exceeding this level may be limited in the short term.
Bitcoin has started to rise again as investors began closely monitoring price movements in May and June, surpassing the level of 99 thousand dollars. This positive response from crypto assets gained momentum after the US Federal Reserve did not make any changes to interest rates and announced that economic growth is continuing.
Statements made by US President Donald Trump regarding trade agreements have increased the market's appetite for risk. The expectation that these statements indicate a significant trade agreement with the United Kingdom has led to rapid price movements in cryptocurrencies such as Bitcoin and Ethereum.
(# Critical Period Between Prices
However, experts state that they have not yet seen sufficient confidence for Bitcoin to surpass the $100,000 level. QCP Capital emphasizes that especially focusing on May and June, momentum cannot be sustained without Bitcoin exceeding the $100,000 level. Nevertheless, the cryptocurrency market has gained momentum for now, along with risk appetite, and investors expect prices to rise even further.
)# Investors are Evaluating Opportunities
Especially at the options desk, an increase in demand for call options expiring in May and June has been observed. This indicates that investors' bullish expectations and positive economic signals have been further strengthened. However, experts warn that caution is necessary before the details of trade agreements become clear.
Having Bitcoin's daily close above the 100 thousand dollar level will be a strong signal for investors. However, monitoring the momentum at the current price levels carries a significant risk.