11.7 The Major Rebound Is Also the Final Rebound 1. BTC has broken below 75,000, KOSP has broken below 5,000, gold has broken below 4,000, and the Nasdaq has broken below 24,400—nearly all financial markets have fallen below key previous lows. This indicates not only that a bear market has arrived, but also that the final major rebound is imminent. 2. BTC is in the middle of a bear market; KOSP and gold have already exited their bull markets, while U.S. equities have just begun transitioning from bull to bear.
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