🤨 Bloomberg Is “Burying” Bitcoin Again

Bloomberg reports that $BTC  is on the verge of its first annual decline without any major ban or obvious scam triggering it. At the same time:

Tens of billions of dollars in liquidations on October 11 apparently don’t qualify as a scam

Bitcoin is losing correlation with the S&P 500

Mass sell-offs from Bitcoin ETFs are being observed

On the surface, it looks worrying.

But market veterans know a simple rule: when Bloomberg declares Bitcoin dead, it’s usually a bullish signal.