QCP Asia Colour - 28 Oct 24 Trump’s interview on the Joe Rogan Experience podcast, released nearly a week before the election, has gained significant traction with over 32 million views, driving his Polymarket odds to above 66%. Despite crypto being touted as the "Trump Trade," BTC’s correlation with Trump's odds appears to be weakening as it aims to break $70k and clear its July highs. BTC is up only 8% this "Uptober," compared to an average of 21%. If spot holds at these levels, this October would mark BTC's fourth-worst performance in the past decade. Will BTC surpass $70k as the market anticipates next week’s election results? We remain cautious, as we do not expect any surprises in Thursday’s Core PCE numbers or Friday’s NFP data releases. Total BTC-PERP OI across exchanges stands at $27 billion, approaching this year’s peak. A breakout above $70k could trigger new all-time highs, especially with more leveraged longs joining in. Trade Idea Trade the Election Breakout with a BTC Call DIGI (75k 8-NOV)…