QCP Capital: Bitcoin is unlikely to break through the current range before the unconfirmed national strategic Bitcoin reserve plan

ChainCatcher news, QCP Capital's latest analysis points out that Bitcoin has fallen below $100,000 along with other risk assets, mainly influenced by the ongoing fallout from Deepseek-related news since the weekend. The analysis suggests that Deepseek's breakthroughs in cost efficiency and open-source technology may pose a threat to the United States' AI dominance. Trump has previously successfully used tariffs to force Colombia to accept the repatriation of immigrants, and the market is paying attention to the measures he may take in response to AI competition. QCP Capital states that Bitcoin is unlikely to break through the current range until a national strategy for Bitcoin reserves is confirmed. The Trump administration's assessment of "national digital asset reserves" has not been sufficient to maintain market optimism. The options risk reversal indicator shows that bullish sentiment is concentrated after March. As Deepseek poses a threat to the U.S. market, Trump may take action to stabilize the market. Ahead of the January 30 FOMC meeting, market volatility and VIX remain high, but QCP Capital expects Bitcoin to maintain relative resilience.