Santiment โ๏ธ ๐ซ๐ท EthCC|9ๆ 04, 2025 20:58
๐ There is a major bullish divergence that has been forming over the past two weeks:
๐ Bitcoin's market value has DROPPED -5.9% since Aug. 22nd
โก๏ธ S&P 500 has RISEN +0.4% since Aug. 22nd
๐ Gold has RISEN +5.5% since Aug. 22nd
๐ง Since early 2022, cryptocurrencies have been especially correlated with equities, as institutionals have increasingly added exposure to them alongside their stock holdings.
๐ค In cases like this divergence over the past 2 weeks, Bitcoin (and altcoins) have a high probability of playing "catch up" when they trail world economy price trends for a sustained period of time.
๐ The larger the gap between equities and BTC gets, the stronger the argument there is for an upcoming crypto bounce. Bookmark this chart and follow along with the correlation: https://app.santiment.net/s/3Y7dSZez?utm_source=twitter&utm_medium=post&utm_campaign=twitter_btc_spx_gold_comparison_b_090425/&fpr=twitter(Santiment)
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