🔥ATTENTION🔥
ARE WE CLOSE TO THE LOCAL FLOOR OF #BITCOIN⁉️
👀The chart shows a KEY pattern that repeats in every significant correction since 2023👇
🔸The current correction has already accumulated a -32%
🔸It matches in size with previous deep drops (-32%, -33%)
🔸The corrections at the beginning of the cycle were milder (between -20% and -23%)
🔸In ALL previous corrections, the price found new momentum when the weekly Stochastic RSI turned upwards
💡That indicator only gave SIGNALS twice a year, and we are close to THE 2nd activation of 2025
👉Additionally, it is KEY not to lose sight of the FUNDAMENTALS:
▪️The U.S. stimulus checks of $2000
▪️Japan: $110 billion stimulus package
▪️China: $1.4 TRILLION stimulus package
▪️The Federal Reserve: ending QT
▪️The United States: issues $1.9 TRILLION in Treasury bonds a year that dilute the dollar
▪️The TGA: with nearly $1T that could flow into the system in a short time
▪️Canada: doing QE (buying bonds), like China
▪️Global M2 money supply: $137 TRILLION
