QCP Capital: Until the national strategic Bitcoin reserve plan is confirmed, it will be difficult for Bitcoin to break through the current range

News on January 27, QCP Capital's latest analysis pointed out that Bitcoin and other risk assets have fallen below $100,000, mainly affected by the continuous fermentation of Deepseek-related news since the weekend.

The analysis believes that due to Deepseek's breakthrough progress in cost efficiency and open-source technology, it may pose a threat to the dominant position of American AI. Trump has previously successfully used tariff measures to force Colombia to accept repatriated immigrants. The market is paying attention to possible countermeasures he might take against AI competition.

QCP Capital stated that before confirming the national strategic Bitcoin reserve plan, it would be difficult for Bitcoin to break through its current range. The Trump administration’s assessment of "national digital asset reserves" is not yet sufficient to maintain market optimism.

The option risk reversal indicator shows that bullish sentiment is concentrated after March. As Deepseek poses a threat to the US market, Trump may take action to stabilize the market. Before the FOMC meeting on January 30th, market volatility and VIX remain high but QCP Capital expects Bitcoin will maintain relative resilience.