QCP Capital： Macro volatility has slightly eased, and the Federal Reserve's policy shift may become a catalyst for Bitcoin's upward trend

BlockBeats news, on March 18th, QCP Capital's latest analysis pointed out that although the possibility of the Federal Reserve cutting interest rates this Wednesday is extremely low, any dovish signal from Powell could become a catalyst for action on Bitcoin. As the United States shifts from being "fiscal led" (government spending drives growth) to deficit reduction driven by Trump, the policy burden has once again fallen on the shoulders of monetary policy. Although QCP does not anticipate an unexpected interest rate cut by the Federal Reserve, dovish signals may trigger market action. Macro volatility has slightly eased, with the VIX index falling to around 20 and Bitcoin volatility also decreasing, currently still oscillating within the range of $80000 to $85000. In the absence of new tariff news, geopolitics has returned to the forefront. The price of gold has surpassed $3000, while Bitcoin continues to show negative correlation. From a historical perspective, cryptocurrency prices often lag behind changes in global liquidity conditions. With the possible policy shift of the Federal Reserve and a new round of stimulus measures from Europe and China, Bitcoin may usher in a new round of upward trend after this adjustment.