I saw someone say that Bitcoin fell a lot before the US stock market started to pull back. Once the US stock market fell, will Bitcoin fall more?

I made a comparison chart of Bitcoin and Nasdaq in the second and third quarters of last year: It can be seen that Bitcoin reached 31,000 in mid-July last year and began to pull back, bottomed out in mid-August, and tested again in September. The Nasdaq began to pull back in early August and bottomed out in mid-October. After mid-August, Bitcoin did not follow the Nasdaq. After bottoming out, it kept oscillating and drawing gates, and the Nasdaq fell all the way to mid-October.

Making this comparison does not mean that the market will definitely be like this in the future. We will take it one step at a time, but we can also make a sample for reference. What I have observed is that in the past two years, Bitcoin and US stocks have been in the same general direction, but the specific rhythm is not the same. Every time the adjustment is made, Bitcoin is one or two months ahead of US stocks.

Every time Bitcoin will not go out of the trend market until the overall macro-economic situation improves. During the period from when Bitcoin bottomed out before US stocks to when the macro-economic situation really improved, Bitcoin basically oscillated up and down repeatedly, and the internal driving force slowly accumulated momentum and waited for the macro-economic situation to improve and then resonate together.

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