According to Odaily Planet Daily, QCP Capital posted on its official channel that Bitcoin and the stock market performed better than expected at the end of the third quarter. Bitcoin rose more than 7% in September, one of the strongest September performances in history; the S&P 500 rose 5.1% in the third quarter, the best performance since 1997. Global risk appetite is strong, and the CSI 300 Index rose 9% in a single day after China launched a large-scale real estate support plan. QCP expects that Bitcoin is expected to benefit from a possible correction in the stock market against the backdrop of global monetary easing. QCP maintains a medium-term bullish view on Bitcoin and believes that a breakthrough of $70,000 may trigger further upward momentum.