🚀📊 Bitcoin vs S&P 500 – Ratio Signals Strength, Even If Stocks Correct 🔍📈
After posting earlier today about VOO (S&P 500 ETF) and the index itself hitting major resistance, I wanted to shift our focus to what could shine even if stocks pull back: Bitcoin.
This chart shows the BTCUSD/SPX ratio – in simple terms, how Bitcoin is performing relative to the S&P 500. And what do we see? Clear, technical strength.
🔍 Key Observations:
BTC/SPX is currently breaking out from a bullish flag structure just above the 17.30–17.48 region
If the breakout holds, the projected technical target is near 26.37, the top of this multi-year channel
Historically, previous breakouts from similar zones have delivered explosive upside, even when equities struggled
🧠 So what does this mean?
Even if the stock market pulls back—as suggested in our earlier VOO/US500 chart—Bitcoin could still outperform, simply by dropping less, consolidating, or rising while stocks fall. That’s the power of analyzing ratios, not just absolute price.
We’ve already discussed how macro metrics like the Buffett Indicator (Stocks-to-GDP) are showing equity overvaluation. If capital starts rotating out of equities, Bitcoin is positioned as a beneficiary—especially if it maintains this relative strength.
💬 Final thoughts:
Don’t just look at BTC in isolation—look at it relative to what it's competing against
Ratios offer perspective: this one says Bitcoin’s trend vs stocks is up and strong
With solid support at 14.23 and room to run toward 26.37, this could be a chart to watch for months ahead
Are you watching this breakout? Let me know what your game plan is.
FOOD FOR THOUGHT: With Gold prices easing, stock markets at all time highs, is this the PERFECT time for big money to hedge with Bitcoin? Likely yes!
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
After posting earlier today about VOO (S&P 500 ETF) and the index itself hitting major resistance, I wanted to shift our focus to what could shine even if stocks pull back: Bitcoin.
This chart shows the BTCUSD/SPX ratio – in simple terms, how Bitcoin is performing relative to the S&P 500. And what do we see? Clear, technical strength.
🔍 Key Observations:
BTC/SPX is currently breaking out from a bullish flag structure just above the 17.30–17.48 region
If the breakout holds, the projected technical target is near 26.37, the top of this multi-year channel
Historically, previous breakouts from similar zones have delivered explosive upside, even when equities struggled
🧠 So what does this mean?
Even if the stock market pulls back—as suggested in our earlier VOO/US500 chart—Bitcoin could still outperform, simply by dropping less, consolidating, or rising while stocks fall. That’s the power of analyzing ratios, not just absolute price.
We’ve already discussed how macro metrics like the Buffett Indicator (Stocks-to-GDP) are showing equity overvaluation. If capital starts rotating out of equities, Bitcoin is positioned as a beneficiary—especially if it maintains this relative strength.
💬 Final thoughts:
Don’t just look at BTC in isolation—look at it relative to what it's competing against
Ratios offer perspective: this one says Bitcoin’s trend vs stocks is up and strong
With solid support at 14.23 and room to run toward 26.37, this could be a chart to watch for months ahead
Are you watching this breakout? Let me know what your game plan is.
FOOD FOR THOUGHT: With Gold prices easing, stock markets at all time highs, is this the PERFECT time for big money to hedge with Bitcoin? Likely yes!
One Love,
The FXPROFESSOR 💙
Disclosure: I am happy to be part of the Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. Awesome broker, where the trader really comes first! 🌟🤝📈
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🐾 TOP DOGS TEAM is LIVE! 🚀 Join the $6M KCGI 2025 battle — Signals, Charts & Coaching included.
💰 Min: $100 | 🎯 Register by July 23
🔗 fxprofessor.com/top-dogs-team
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
💰 Min: $100 | 🎯 Register by July 23
🔗 fxprofessor.com/top-dogs-team
📣 Telegram: t.me/fxprofessor88
🌍 fxprofessor.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.