Bear market bottom$BTC , US stocks can be used as an important indicator


When will Bitcoin bottom out? Focus on the US stock market index, which can serve as an important indicator. Bitcoin has now become a kind of external market with liquidity overflow similar to US stocks.
When US stocks are at high levels and liquidity is tight, and the market declines gradually, external high-risk markets like Bitcoin will react in advance, with capital withdrawing and liquidity tightening. It can't seem to rise.
When US stocks release the risk and start a new round of gains, Bitcoin will follow US stocks to rise, and this increase will be amplified.
This bull market started in January 2023, and US stocks also began around that time.
Therefore, the conclusion is to patiently wait for the risk in US stocks 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' historical data, the average correction percentage during mid-term election years is about 15%.
One year after the election, there is nearly a 90% probability of a rise.
Bitcoin is a liquidity-sensitive indicator that tends to top out before US stocks and start earlier than US stocks. $BTC ‌#Gate广场四月发帖挑战
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