QCP: The market may need a more significant catalyst to achieve a breakthrough.

QCP Capital pointed out that despite the high volatility of Bitcoin during Trump's speech at the Bitcoin Conference, the market did not see the sharp fluctuations expected by option traders. Bitcoin remained in the range of $67,000 to $70,000, and volatility has dropped significantly. Trump's speech was in line with industry expectations, but the market may need a more significant catalyst to achieve a breakthrough, which may appear as the US election approaches, when promises and policies will be clearer.