Browse Web
Reading https://www.qcpgroup.com/insights/asia-london-colour-19-apr-24/
TLDR 
The article discusses the recent price movements of Bitcoin (BTC) and Ethereum (ETH), as well as potential trading strategies for the end of the year.
Key Points 
- BTC broke below $60,000 in Asia but bounced back above $64,000, forming a clear support level around recent lows.
- There has been a surge in options activity around the year-end expiry as investors position for a post-halving BTC rally.
- The article presents two potential trading strategies: ERKO (100/200k) and DIGI (200k), which aim to capitalize on a BTC price increase by the end of 2024.
In-depth Summary 
The article starts by noting that BTC briefly dipped below $60,000 in Asia, following headlines about an Israeli attack on Iran. However, the cryptocurrency quickly bounced back above $64,000, with Ethereum also recovering well above $3,000. The author suggests that the market has formed a clearly defined baseline support level around the recent lows.
This has led to a surge in options activity around the year-end expiry, as investors position themselves for a post-halving resumption of the BTC uptrend and a breakout from the two-month-long consolidation. The article then presents two potential trading strategies that aim to capitalize on a BTC price increase by the end of 2024.
The first strategy, ERKO (100/200k), offers a maximum payout of 20.4x if BTC spot price expires above $100,000 at the end of the year, with a knockout level at $200,000. The second strategy, DIGI (200k), provides a 20x payout if BTC spot price reaches or exceeds $200,000 at expiry, with a zero payout if it falls below that level.
Writer’s Main Point
The primary focus of the article is to highlight the current market dynamics and present potential trading strategies that investors can consider as they position themselves for a potential BTC price increase by the end of 2024, particularly in the aftermath of the upcoming BTC halving event.