QCP Capital: Macro Volatility has Slightly Eased, Fed Policy Shift Could Be Bitcoin Upside Catalyst

BlockBeats News, March 18th, QCP Capital's latest analysis pointed out that although the probability of a Fed rate cut this Wednesday is extremely low, any dovish signal from Powell could serve as a catalyst for Bitcoin's upward momentum. As the U.S. shifts from "fiscal dominance" (government spending-driven growth) to Trump-led deficit reduction, the policy burden is shifting back to monetary policy. While QCP does not expect a surprise rate cut from the Fed, a dovish signal could trigger market momentum.

Macro volatility has eased slightly, with the VIX index falling to around 20, and Bitcoin's volatility has also decreased, currently oscillating in the range of $80,000 to $85,000. In the absence of new tariff news, geopolitics is back in focus. Gold prices have broken $3,000, while Bitcoin continues to show a negative correlation.

Historically, cryptocurrency prices have often lagged behind changes in global liquidity conditions. With the Fed's possible policy shift and a new round of stimulus measures from Europe and China, Bitcoin may see a new uptrend after this adjustment.