Bitcoin Shows Potential for Upside as It Decouples from Stock Market
- Bitcoin is up over 15% this month, while the S&P 500 has decreased by about 1.42%.
- Swissblock notes Bitcoin’s decoupling from equities amid market uncertainty linked to trade wars.
- The Bitcoin Risk Index indicates a bullish environment, suggesting fading selling pressure.
- Bitcoin is currently trading at $94,826 and may need to break resistance at $95,000 for further rallies.
Bitcoin has increased significantly this month, contrasting with the S&P 500’s decline of approximately 1.42%, indicating its potential role as a safe-haven asset during market volatility.
Source (2.6)https://dailyhodl.com/2025/04/27/bitcoin-upside-pressure-now-brewing-as-btc-decouples-from-us-stock-market-says-swissblock/?rand=59076
