🚀【Market Dynamics】QCP Capital: Election Day is approaching, and market volatility is intensifying! Bitcoin's implied volatility peaked at the expiration of Election Day, favoring call options. Although Bitcoin is about 8% below its historical high, the stock market has hit a new high, and 20% of S&P 500 companies are about to release earnings reports. The correlation between the stock market and cryptocurrency is 0.83, which may indicate a turning point. Both presidential candidates support cryptocurrency, and capital may be redistributed. What do you think? 💬#Blockchain#Bitcoin#Election#MarketAnalysis