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【Qcp Capital: Bitcoin Expected To Consolidate In The $92,000-$95,000 Range Today】 January 9Th, Qcp Capital'S Latest Analysis Pointed Out That Bitcoin Rebounded To $95,200 Last Night After Successfully Testing The Key Support Level Of $92,500. However, Today'S Asian Morning Session Turned Bearish On Bitcoin'S Outlook After News Of The U.S. Government'S Plan To Sell Seized Silk Road Bitcoins.The Cryptocurrency Price Continues To Be Influenced By Macroeconomic Headwinds, With Last Night'S Release Of The Federal Reserve Meeting Minutes Showing A More Hawkish Stance. The Fed Stated That In Light Of Rising Inflation Risks, It Will Slow Down The Pace Of Interest Rate Cuts. Yesterday'S Released Adp Employment Report Also Added To Macro Uncertainty, Indicating A Slowdown In Private Sector Hiring And Wage Growth. This Contrasts Sharply With The Robust Labor Market Depicted By Tuesday'S Released Jolts Job Openings Data.On The Options Market Front, All Parts Of The Curve Have Steepened, With A 1.5 Volatility Point Spread Widening In The 3-6 Month Range And A Spread Of Over 1 Volatility Point In The 6-12 Month Range. Trading Desks Continue To Observe Near-Term Volatility Under Pressure, With At-The-Money Options Expiring On January 17Th Falling By 3 Volatility Points Compared To Last Night.Qcp Expects Bitcoin To Consolidate In The $92,000-$95,000 Range Today During The U.S. Market Holiday. If It Falls Below $92,000, It May Further Decline To The Key $90,000 Integer Level
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