Bear market bottoming $BTC , the US stock market can be used as an important indicator.



When will Bitcoin hit the bottom? Focus on the US stock market index, which can serve as a key indicator. Bitcoin has now become a liquidity overflow external market similar to the US stock market.

When US stocks are at high levels with tight liquidity and declining prices, high-risk external markets like Bitcoin will react in advance, with capital withdrawing and liquidity tightening. It can't rise significantly no matter what.

When US stocks release their risks and start a new round of gains, Bitcoin will follow the US stock market and begin to rise, with the increase being amplified.

This bull market started in January 2023, and the US stock market also began around that time.

Therefore, the conclusion is to patiently wait for the US stock market risks to be fully released before entering the market. The exact timing is uncertain, but it should be in the second half of this year.

After reviewing many bloggers' analyses and historical data, the average correction percentage during midterm election years is about 15%.

One year after the election, there is nearly a 90% probability of a rise.

Bitcoin is a highly liquid and sensitive market indicator, usually leading the US stock market to peak and start earlier.
BTC-0,19%
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