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Bitcoin Drops Below $63K on Profit Taking as SafePal’s SPF Gets Points Boost

QCP Capital noted an increase in call spread buying with the selling of calls marked for the $100,000 per bitcoin level. The strategy suggesting a generally bullish mood, but not an explosive move higher in the short term.

Updated Aug 27, 2024, 9:29 a.m. Published Aug 27, 2024, 9:26 a.m.
(Shutterstock)
(Shutterstock)