Fed Preview: Bitcoin Market Skews Bearish as Analysts Anticipate 'Hawkish Rate-Hike Pause'

Options market shows a bias for puts, or bearish bets, tied to bitcoin ahead of the pivotal Fed meeting.

• 2023-06-14
• Jerome Powell interest rates Bitcoin Fed QCP

Bitcoin, Ether Could Face Risks From Potential Short Squeeze in Dollar Index, QCP Capital Says

The U.S. dollar has been heavily shorted since early October in hopes for a so-called dovish Fed pivot and looks ripe for a short squeeze, a move higher driven by unwinding of bearish positions. Bitcoin tends to move in the opposite direction of the dollar.

• 2023-05-03
• double bottom QCP dollar index short squeeze

Bitcoin Stuck in Bearish Elliott Wave Pattern Despite 47% Rally, QCP Capital Says

In wave theory, market trends unfold in five waves, three of which represent the primary trend and the other two mark partial retracements within the primary trend. Bitcoin's year-to-date rally seems to be a retracement wave ahead of the final leg lower, QCP Capital said.

• 2023-02-23
• Ralph Nelson Elliott Elliot Wave theory QCP bear market impulse waves