Analysis Company Predicts the Future Trend of Bitcoin and Altcoins in the Coming Days: "More in the New Round..."

Cryptocurrency analysis firm QCP Capital highlighted an increasing upward trend in the options market and potentially more climbing trend in the crypto space.

QCP Capital noted that the options market data is increasingly bullish and there is strong demand for high-delta Bitcoin call options from February to April. This increase in demand is likely driven by recent statements from former US President Donald Trump and speculation about potential strategic Bitcoin reserves, leading to short-term optimism.

Additionally, according to the analysis firm, the 25 Delta implied volatility, which is an important option market gauge, moving higher across all maturities, strengthened the view that the market is preparing for the next stage of the bull run.

QCP Capital also highlighted the macroeconomic developments following Trump's announcement of new customs duties. Trump announced plans to impose a customs duty of 25% or higher on drugs and semiconductors, but did not specify a timeline. However, companies can avoid these customs duties by relocating their operations to the US.

Trump also referred to the unfair trade practices by mentioning the US's automobile exports and confirmed that the automobile customs duties would come into effect on April 2nd. According to the analysis company, these policies may affect global markets and create potential volatility effects on cryptocurrencies and other risk assets.

Since Trump's return to the political scene, altcoins have started to receive more attention and a large number of ETF applications related to altcoins have been submitted to the U.S. Securities and Exchange Commission (SEC). Among these, the application for an XRP ETF stands out, especially after Brazilian regulators approved the world's first spot XRP ETF.

While the uncertainty remains whether Trump's policies will accelerate the approval of crypto ETFs in the US, QCP Capital argues that a crypto-friendly stance from the administration could pave the way for further developments in 2025.

Taking these factors into account, QCP Capital claims that the upward momentum in the crypto market will continue and the next stage of the bull cycle could potentially emerge in the coming months.