We survived the Grayscale dump.

We survived the Mt. Gox dump.

We survived the German government dump.

We survived the Japan stock market crash.

But now, something new has started, which could bring even more turbulence.

I’m talking about the Chinese real estate market.

China's real estate stocks are now trading at their lowest levels since 2008.

Back in August 2023, the Evergrande bankruptcy filing caused a 20% drop in Bitcoin.

Now, the entire Chinese real estate market is in decline.

In 2008, China made up just 4% of the global GDP, but now it's over 18%.

Additionally, most U.S. companies and banks have direct exposure to the Chinese real estate market.

If things continue to worsen, U.S. stocks could see a significant drop, potentially leading to a Bitcoin and crypto crash.

But there’s a silver lining.

If the stock market falls, it could push the government to start quantitative easing (money printing) and accelerate rate cuts.

In my opinion, September will remain volatile with some pumps in between.

There may be a drop due to the factors mentioned above, but in the long run, Bitcoin and crypto will trend upward.

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