BTC |$BTC 🌍

Bitcoin is striking: it falls while global liquidity rises and other assets perform well. This is not the end of BTC, but we are indeed in a sustained bear market, at least socially and in the short term.

The contrast is clear: funds are entering ETFs, but liquidity has yet to reach the crypto ecosystem. The issuance of stablecoins is stalled, and that hinders the real impact on prices.

October 10, 2025, was a breaking point: Trump's tariffs on China, warnings to MicroStrategy, and massive liquidations on Binance broke the correlation with liquidity. Probably one of the largest liquidations in history, with large funds and market makers selling heavily.

What's positive? Whales are accumulating spot. There is FUD of all kinds, but the long-term outlook remains intact. With global liquidity and risk appetite, recovery will come. The key is to think long-term and be ready for volatility.