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Trader Ansem: If the stock market enters a sharper correction, the crypto market could fall further.

Oct 31, 15:23

On October 31 that according to a post by trader Ansem, he is considering the possibility that the crypto market could peak earlier than the stock market in this cycle.

Ansem noted that he is not entirely certain the market will follow this path, but given the role of artificial intelligence and the stock market in driving risk appetite during this cycle, this possibility is worth considering.

He also believes that even if both markets continue to decline in the short term, Bitcoin could find a bottom before the broader stock market; he will monitor price reactions as the market approaches key levels.

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