11.7 The Big Rebound is Also the Final One 1. BTC has fallen below 75,000, KOSDAQ below 5,000, gold below 4,000, and the Nasdaq below 24,400. Almost all financial markets have broken through previous important lows, indicating both the arrival of a bear market and the imminent arrival of the final big rebound. 2. BTC is in the middle of a bear market, KOSDAQ and gold are in a bull market that has long since ended, and US stocks have just begun their transition from a bull to a bear market.