{"id":17653,"date":"2024-10-10T10:02:13","date_gmt":"2024-10-10T07:02:13","guid":{"rendered":"https:\/\/forklog.com\/en\/qcp-capital-warns-of-increased-bitcoin-correction-risks\/"},"modified":"2024-10-10T10:02:13","modified_gmt":"2024-10-10T07:02:13","slug":"qcp-capital-warns-of-increased-bitcoin-correction-risks","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/qcp-capital-warns-of-increased-bitcoin-correction-risks\/","title":{"rendered":"QCP Capital Warns of Increased Bitcoin Correction Risks"},"content":{"rendered":"<p>The rise in funding rates for perpetual contracts signals the cryptocurrency market&#8217;s vulnerability to a correction, according to QCP Capital, as reported by <a href=\"https:\/\/www.theblock.co\/post\/320236\/qcp-capital-analysts-say-increased-futures-funding-rates-heighten-risk-of-crypto-market-correction\">The Block<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;The increase in metrics on Deribit and Binance [&#8230;] combined with the frenzied demand for meme coins makes us wary of a downward movement. It often occurs when investors least expect it,&#8221;<\/em> the report states.<\/p>\n<\/blockquote>\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/www.coinglass.com\/pro\/AvgFunding\/BTC\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1248.webp\" alt=\"1-1248\" class=\"wp-image-242913\"\/><\/a><figcaption class=\"wp-element-caption\">Dynamics of the weighted average funding rate in the perpetual contracts market. Data: <a href=\"https:\/\/www.coinglass.com\/pro\/AvgFunding\/BTC\" title=\"\">Coinglass<\/a>.<\/figcaption><\/figure>\n<p>Experts maintain a bullish outlook for the medium and long term, recommending accumulation strategies, anticipating corrections to be short-lived.<\/p>\n<p>Valentin Fournier from BRN noted the potential for increased volatility following the release of <span data-descr=\"consumer price index\" class=\"old_tooltip\">CPI<\/span> and <span data-descr=\"producer price index\" class=\"old_tooltip\">PPI<\/span> reports on October 10 and 11.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;If inflation shows signs of easing, as expected, Bitcoin could receive another boost,&#8221;<\/em> the analyst explained.<\/p>\n<\/blockquote>\n<p>Earlier, Bitwise outlined conditions for the first cryptocurrency&#8217;s price to rise above $80,000 by the end of the year.<\/p>\n<p>Back in Standard Chartered, a fivefold increase in Solana was forecasted should Republican candidate Donald Trump win the U.S. presidential election.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The rise in funding rates for perpetual contracts signals the cryptocurrency market&#8217;s vulnerability to a correction, according to QCP Capital, as reported by The Block. &#8220;The increase in metrics on Deribit and Binance [&#8230;] combined with the frenzied demand for meme coins makes us wary of a downward movement. It often occurs when investors least [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1224,1145,1326],"class_list":["post-17653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-macroeconomics","tag-market-analysis","tag-qcp-capital"],"aioseo_notices":[],"amp_enabled":true,"views":"7","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=17653"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/17653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/17652"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=17653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=17653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=17653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}