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.