Hmmmm. So are we two weeks away from a turn around ??? The bitcoin issues driving the market downside is an interesting theory.
It’s a speculative asset that was in a bubble.
It is an asset that only recently became available through ETFs; which opened it up to a lot of people who did not understand the assets.
It is an asset that a lot of people bought on crazy levels of margin—some up to 10:1.
It is an asset that has regularly moved in huge bear markets every few years.
If an investor had done 5 minutes worth of research, they would have understood this.
I’ve been in this market since 2013. These periods are not fun, but they are pretty regular. If you are trying to chase profits it is likely that you will be crushed if you are not paying attention.