$BTC $ETH $BNB
QCP Capital
Strongly supports the trend of Bitcoin in the fourth quarter.
On the eve of the presidential debate,
The macro uncertainty of the crypto market is high;
The correlation between Bitcoin and the MSCI World Stock Index is close to a two-year high.
The options market is active and Bitcoin prices are expected to fluctuate significantly after the debate.
The market is concerned about the comparison between Harris's policy stance in the debate and Trump's policy.
If she actively mentions cryptocurrencies, it may bring unexpected surprises.
Given that the capital flow of Bitcoin spot ETFs is positive,
QCP Capital reiterates its structural bullish trend of Bitcoin in the fourth quarter,
and recommends obtaining stable returns at the current price level while retaining upside space.
