📊 QCP analysis said #Bitcoin dipped to about $72.9K, a post-election low, before rebounding to test the $75K level. The #move was accompanied by falling futures open interest and negative funding, indicating deleveraging. Options show elevated front-end volatility, mild backwardation, and steeper downside skew, reflecting near-term downside risk. The $75K level is a key inflection point: holding supports risk additions, while a break signals a defensive turn. #CryptoScam $BTC
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📊 QCP analysis said #Bitcoin dipped to about $72.9K, a post-election low, before rebounding to test the $75K level. The #move was accompanied by falling futures open interest and negative funding, indicating deleveraging. Options show elevated front-end volatility, mild backwardation, and steeper downside skew, reflecting near-term downside risk. The $75K level is a key inflection point: holding supports risk additions, while a break signals a defensive turn. #CryptoScam $BTC