$64,000 Bitcoin $BTC Support Could Be a Speed Bump -
If Bitcoin is a guide, 2024 may have marked the final stages of a risk-asset inflation cycle. Born of the financial crisis, the initial crypto sparked a historic speculative frenzy and infinite copycats that are unwinding.
The graphic shows Bitcoin reverting to its mean and mode from the election year at about $64,000 -- a potential line in the sand. If $64,000 is breached, dominoes can tumble, with the stock market potentially next.
