QCP: Bitcoin Falls to $81,000, Seen as a Buying Range
2026-10-09 18:14:06
CoinMeta data: QCP Capital believes that Bitcoin ( BTC ) has currently fallen to $81,000 and has entered a potential buying range. The company pointed out that the range of $80,000 to $82,000 is its buying target for the fourth quarter. Although Bitcoin briefly fell below $81,000 during the latest crypto market sell-off, QCP believes that this decline may provide an opportunity for investors to buy in. QCP expects Bitcoin to fluctuate between $80,000 and $90,000 and noted that if institutional capital inflows do not improve, they may consider reducing their holdings in the $88,000 to $90,000 range. Meanwhile, US spot Bitcoin ETF recorded a net outflow of about $485 million on October 7th, with companies such as Blackstone and Fidelity being the main contributors.
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Source:Coinpaper
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