$BTC The third wave of decline should still be driven down by the U.S. stock market. Over the past 100 years, the U.S. stock market has experienced 25 midterm elections, and before each election, the Nasdaq or the entire U.S. stock market has declined 100%. No exceptions.

After the midterm elections, the U.S. stock market seems to change its script. Data shows that three months after the election, the Nasdaq's average increase is 5%; twelve months later, the average increase is 14.8%.
The most ideal scenario in my mind is that the third wave of decline in BTC is driven down by the U.S. stock market during the midterm elections, then forms a bottom, and after the midterm elections end, BTC and the U.S. stock market enter a new bull market.