Bitcoin (BTC) fell when the Eastern market opened. When the A-share market opened at 9:30, the price of BTC also fell on time, from $69,500 to $68,710, a drop of more than 1%.

Normally, if the market should fall but does not, there may be a follow-up decline. However, a sharp decline, or a "big waterfall", is unlikely in the short term, because during the US presidential election, in order to maintain the stability of the stock market, real funds to protect the market are unlikely to cause a stock market crash, so Bitcoin will not fall sharply.

Nevertheless, the superficial prosperity is illusory after all and will eventually return to reality. If this is the last pull for the election, it is not impossible for the price of Bitcoin to be forced to $72,000 or even $80,000 during this period, as long as the main force is willing to invest funds. But the question is, can retail investors afford such a price? There is no new incremental funds in the market, who will take over?

After the election, what is coming will still come. The United States still has many problems to solve, and the previously false economic data is almost at the time of needing to be "repaired".

By then, the stock market will still fall, and the depreciation trend of the US dollar will continue. The cryptocurrency world will not be much better. If there are still people holding Bitcoin, fantasizing about the arrival of the bull market, the main force will help you make a fortune, it is recommended to wake up first.

In my opinion, the general trend is gone, and this round of bull market may be coming to an end.