Bitcoin falls to $ 108,000 after a new high, but the bullish signals stop at

Bitcoin briefly reached a value of $ 111,000 and thus marked a new all -time maximum before it fell back to around $ 108,000.
Despite the decline, the analysts from QCP Capital believe that the rally remains intact, supported by stronger fundamental data and subdued volatility.
The company found that the recent decline was largely due to profit takeover and was not on a trend reversal. The option activities reflected a new optimistic mood, with retailers buy call contracts with an exercise price of $ 130,000 for September-a sign that expectations for higher maximum stalls are still strong.
QCP also referred to potential institutional catalysts. A large company, strategy, is expected to invest the proceeds from an emission of preferred shares worth $ 2.1 billion-with a return of 10%-in Bitcoin purchases, which could fuel another upswing.
Nevertheless, analysts warned of macroeconomic risks, including rising US interest rates, a stronger dollar and uncertainties regarding tariffs. While Bitcoin could continue to show up robust, old coins could be exposed to stronger turbulence when the volatility is returned.