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Bear market bottoming$BTC , US stocks can be used as an important indicator
When will Bitcoin bottom out? Focus on the US stock market index; it can be used as an important indicator. Bitcoin has now become a liquidity overflow external market similar to US stocks.
When US stocks are at high levels with tight liquidity and declining gradually, high-risk external markets like Bitcoin will react in advance, with capital withdrawing and liquidity tightening. It can't seem to rise.
When US stocks release their risks and start a new round of gains, Bitcoin will follow US stocks to rise, and this increase will be amplified.
This bull market began in January 2023, and US stocks started around the same 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' analyses of historical data, the average correction 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, usually topping out before US stocks and starting earlier than US stocks.
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