The global money supply M2 is often used as one of the more important price indicators and predictors of Bitcoin. If you look at the massive movement, I think you can say that the bottom is in.

In addition, on a geopolitical level, the Americans are engaging in massive on-sharing of capital, which could encourage pro investors and private investors who are more interested in Bitcoin to turn to BTC again. Money, it is fair to say at this point without sounding cynical, is simply better off in the hands of Americans than Europeans.