$BTC is already down more than 50% while the S&P 500 continues to grind higher. Now with the SpaceX IPO on Friday, we will see increased volatility as institutions will rotate their capital. From a technical perspective, the major indices are also approaching levels where a larger correction would not be surprising anymore. So the question is… If BTC is already this weak while equities are still holding up, what happens if the major indices finally start correcting? Most people are calling we are to the bottom. But I think the market is still underestimating how much lower BTC can go if risk assets begin rolling over. Just be prepared for everything…