QCP Capital: Bitcoin price remains stable amid $1B in liquidations and ETF outflows

Singapore-based crypto trading firm QCP Capital analyzed via its official Telegram channel that despite nearly $1 billion in liquidations and outflows from spot Bitcoin ETFs, BTC's price has remained relatively stable, hovering above $102,000. The volatility in the market has been decreasing, with risk reversals normalizing across different time frames. While some investors exited, others, including Metaplanet, increased their BTC holdings. With tariff tensions influencing the broader macro narrative, BTC is expected to remain rangebound between $100,000 and $110,000 in the near term, as the market anticipates a period of subdued price action.