Let's talk about the liquidity situation between BTC and the stock market. Looking back at these two cycles, the correlation between Bitcoin and the major stock indices isn't new. If this IPO wave really drains liquidity, Bitcoin, as an alternative risk asset, is likely to be the first to be sold off to protect traditional asset positions. This isn't an unexpected scenario.
Plus, with the AI hype driving crypto stocks up, once a correction happens, the selling pressure on BTC will only intensify.
In the short term, things don't look great, but in the long run, it’s not a big deal. The intrinsic value and long-term trend of Bitcoin won't change due to these fluctuations. De-leveraging and squeezing out the bubbles will actually be healthier for future movements.
The real bottoming and recovery will likely wait until the Fed's liquidity flow diversifies and settles down, before anyone dares to make heavy bets.
For those with plans to stack BTC, the high volatility brought by size and nature is actually presenting opportunities. The reverse is already here; whether you dare to hop on board is up to you.
$BTC