QCP Capital: Trump made optimistic remarks, but Bitcoin still failed to break through the historical high

According to an analysis published by QCP Capital, although Bitcoin fluctuated greatly during Trump's speech at the Bitcoin Conference, the market did not experience the dramatic fluctuations expected by option traders, and Bitcoin remained in the range of $67,000-70,000, with volatility falling sharply. Trump's speech echoed industry expectations, but the market may need a more important catalyst to achieve a major breakthrough. This catalyst may be realized before the US election when commitments and policies are clearer. Despite Trump's optimistic remarks, Bitcoin has failed to break through its historical highs, so Bitcoin may continue to trade in the current range.