Ramazan Eles 
According to an analysis by hedge fund QCP Capital, crypto bulls may still have time to grow their portfolios.
The cryptocurrency market made a good start to the week with Bitcoin approaching $67,000 the previous day. According to CoinGecko data, the total market value of the market increased by approximately 0.5% today to $2.57 trillion.
Everyone was curious about which direction cryptocurrencies would take after Bitcoin’s halving over the weekend. The 10x Research team warned that the market could lose strength for a few months after the halving.
QCP Capital analysts yesterday drew attention to the fact that Bitcoin’s price has historically started to rise rapidly within 50-100 days after halving.
“If the same thing happens again this time, it means BTC bulls still have a few weeks to increase their long positions,” the analysts said.
Analysts, who said that funding rates in the market have also entered negative territory for some altcoins, commented as follows:
“In the short term, we may see a short squeeze led by altcoins and meme coins where funding rates remain negative. The increase in speculative perception can carry on leveraged longs (positions).”