QCP Capital Suggests Tariff Tensions May Keep Bitcoin Price Range-Bound Between $100K and $110K in June

  • Bitcoin’s price action in June faces uncertainty as renewed tariff wars trigger significant outflows from U.S. Spot Bitcoin ETFs, signaling potential volatility ahead.

  • Market analysts from QCP Capital and CoinShares highlight that geopolitical tensions, particularly between the U.S. and China, are influencing investor sentiment and ETF flows.

  • According to COINOTAG sources, “Tariff tensions will likely drive the macro narrative through June, with major policy decisions expected only after July 8,” underscoring a cautious market outlook.

Bitcoin ETF outflows amid U.S.-China tariff tensions may keep BTC price range-bound between $100k-$110k in June, warns QCP Capital.

Impact of U.S.-China Tariff Disputes on Bitcoin ETF Flows and Price Dynamics

The recent escalation in U.S.-China tariff disputes has directly influenced Bitcoin’s market dynamics, particularly reflected in the reversal of inflows into U.S. Spot Bitcoin ETFs. After a robust six-week period attracting over $9.6 billion in weekly inflows, these ETFs experienced $157 million in outflows last week. This shift coincided with Bitcoin’s price retreating below the $110,000 mark following a peak above this level. Investor caution amid geopolitical uncertainty appears to be a primary driver, as tariff-related news creates a risk-off environment that tempers appetite for crypto assets.

ETF Flow Reversal and Market Sentiment: Insights from Industry Experts

James Butterfill, Head of Research at CoinShares, noted that the week started with strong Bitcoin inflows but reversed following a New York Court ruling that declared certain U.S. tariffs illegal. This legal development, combined with ongoing tariff tensions, led to minor outflows totaling $8 million by week’s end. Notably, the outflows were concentrated in prominent funds such as Ark 21Shares and Fidelity, indicating a broad-based investor response. These movements reflect how macroeconomic and geopolitical factors are increasingly intertwined with crypto market behavior, influencing institutional investment decisions.

QCP Capital’s Range-Bound BTC Price Forecast Amid Tariff-Driven Uncertainty

QCP Capital has provided a measured outlook for Bitcoin, projecting a range-bound price action between $100,000 and $110,000 throughout June. The firm highlights that tariff tensions will dominate the macroeconomic narrative until major policy decisions are anticipated post-July 8. This environment fosters a “risk-off” stance among investors, as evidenced by compressed frontend volatility, normalized risk reversals, and flat perpetual funding rates. These indicators collectively suggest muted price movements and a potential pause in Bitcoin’s rally, emphasizing the importance of monitoring geopolitical developments closely.

Profit-Taking and Demand Dynamics: Glassnode’s Analytical Perspective

Glassnode’s recent analysis underscores the delicate balance between profit-taking and new buyer demand in sustaining Bitcoin’s price momentum. While profit-taking activities could stall the rally, especially if new buyer interest diminishes, current data indicates significant demand from new entrants alongside modest profit-taking. This dynamic suggests that Bitcoin remains fundamentally strong but vulnerable to shifts in market sentiment. Investors are advised to watch for cohort rotation patterns, which may signal short-term consolidation or renewed momentum depending on demand sustainability.

Bitcoin ETFs

Source: Soso Value

Bitcoin ETFs

Source: CoinShares

Bitcoin ETFs

Source: Glassnode

Conclusion

As geopolitical tensions between the U.S. and China intensify, Bitcoin’s market is poised for a period of cautious trading characterized by range-bound price action and subdued volatility. Institutional ETF flows have reversed amid tariff-related uncertainties, reflecting broader risk-off sentiment. While new buyer demand remains a positive signal, profit-taking pressures and macroeconomic headwinds could limit upward momentum in the near term. Investors should closely monitor tariff developments and market sentiment shifts to navigate this complex environment effectively.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.

BREAKING NEWS

UPBIT Adds Ravencoin (RVN) to KRW Market

UPBIT Adds Ravencoin (RVN) to KRW Market $RVN #Ravencoin

James Wynn Faces $100 Million Loss as LIBRA Token Insider Leak Sparks Crypto Fundraiser

COINOTAG News reported on June 5th that prominent crypto...

China May services grow despite Trump’s tariffs uncertainty

China May services grow despite Trump's tariffs uncertainty

Whale Recovers by Adding 1341 ETH to Leveraged Position Amid $13M Accumulation on Ethereum

On-chain data reveals a significant move by a prominent...

Upbit’s BTC/KRW Trading Pair Tops Korean Won Market with $14.96 Billion Volume, CoinGecko Reports

According to CoinGecko data on June 5th, Upbit recorded...
spot_imgspot_imgspot_img

Related Articles

spot_imgspot_imgspot_imgspot_img

Popular Categories

spot_imgspot_imgspot_img