[Recharge Your Faith] Wall Street's 'Fear Indicator' is flashing a possible Bitcoin bottom
Recently, the Bitcoin market has been exceptionally volatile, especially with the ongoing escalation of trade tariffs. How can ordinary people seize this rare opportunity to get rich?
There is a key indicator in the U.S. stock market that often brings unexpected joy to investors and indicates the current long-term bullish sentiment for Bitcoin. That is -- the S&P 500 volatility index VIX.
This is a comparison chart of Bitcoin's weekly chart against VIX. It can be seen that most of the time, the peaks of VIX fluctuations occur at the bottoms of Bitcoin over a certain period. Furthermore, this often leads to a significant increase in the future. Currently, XIV has reached a new high for the year, and combined with the current risk-averse sentiment, along with the potential for future Fed interest rate cuts to release liquidity, do you think the next bull market will be far away? So don't easily give up on your Bitcoin, and don't hastily shout that a bear market has arrived. Throughout history, the Bitcoin market has generally seen long bull markets and short bear markets.