Bitcoin Breaks New Record, Sparks Short-Term Profit-Taking but Long-Term Growth Remains Strong

Bitcoin recently reached a new all-time high (ATH), triggering both profit-taking from put options and renewed buying activity. QCP Capital analysts highlight this trend as part of Bitcoin’s structural strength. The firm noted that after the ATH, a swift cycle of sell-offs by investors holding short positions (put options) was countered by a rapid return of buyers seeking bullish trades. This points to fundamental flows supporting the market rather than speculative activity. 70% of all transactions involve institutional players, according to QCP Capital’s analysis.