Bear market bottoming $BTC , the US stock market 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 kind of external market with liquidity overflow similar to the US stock market.

When the US stock market is at a high level and liquidity is tight, and it declines gradually, external high-risk markets like Bitcoin will react in advance, with capital withdrawing and liquidity tightening. It can't rise no matter what.

When the US stock market releases its risks and begins a new round of upward movement, Bitcoin will follow the US stock market to start rising, and this increase will be amplified.

This bull market started in January 2023, and the US stock market also started 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 specific 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, usually topping out before the US stock market and starting earlier than the US stock market.