During BTC's breakout and upward movement, it may face the following bearish factors: (1) The midterm elections on November 3rd, where Trump is highly likely to lose; (2) Potential conflict between the U.S. and Iran after November 3rd, causing oil prices to surge; (3) The Federal Reserve's interest rate hike on December 10th, which is highly likely to materialize as a bearish factor; (4) U.S. 10-year and 30-year bond yields hovering around 5.3%, draining liquidity from non-yielding assets. These bearish factors will only affect short-term price fluctuations and won't change the upward trend direction.