🚨 Wall Street is on fire! $BTC next? 🚨
Yesterday's day in the financial markets will go down in history as one of the worst in three years. 😱 In just one day, $1.7 trillion evaporated from American stocks, and since February 20, losses have reached $4.5 trillion!
📉 SP500: -3.24%
📉 Nasdaq: -4.04%
📉 Dow Jones: -2.48%
Tech giants in ruins! Tesla's shares 🔻 -40% in a month. Fear, panic, and mass flight from risky assets…
💰 What about Bitcoin?
Many analysts claim that BTC follows M2 liquidity – that is, the amount of money available in the economy. M2 has hit the bottom and started to rise 📈, and historically Bitcoin has reacted to this with a delay of about 20 days.
If this scenario proves true, we may see a new upward impulse in the coming weeks! 🚀
⚠️ BUT! Not all liquidity goes into cryptocurrencies. Some investors choose gold 🏆, bonds 📜, or hold cash 💵.
🤔 What does Arthur Hayes say?
The former CEO of BitMEX believes that:
🔹 $70K is the potential bottom for BTC before further growth
🔹 30%+ correction is normal in a bull market
🔹 If stock declines persist, central banks will start printing again, which will drive BTC up
Financial markets are cyclical. Today fear and panic, but if the Fed fires up the printers again, Bitcoin could become one of the biggest winners. We are at a turning point! 🔥
Where do you think BTC is headed? 🚀 or 📉?