Bitcoin Insights reveals 80 % association with S& P500 – An analyst is preparing for another country

Bitcoin has lost decisive support levels where the market is struggling to find demand, allowing bears to earn momentum. Analysts call for more corrections, with fear dominating feelings through the encryption market. Bitcoin has now decreased more than 28 % of its highest levels in late January, and fears escalate that bears may decrease prices in the coming weeks.

The broader financial markets also face uncertainty, which increases Bitcoin conflicts. Cryptoquant data reveals that BTC currently has 80 % relationship with the S&P 500, which means that movements in traditional markets strongly affect the work of bitcoin. This indicates that total factors, such as interest rate expectations and stock market trends, can play a decisive role in the next step for Bitcoin.

While some analysts believe that BTC can settle around the current levels, others warn that the continuous declining trend may continue, making bitcoin less in demand areas if the bulls fail to restore control. The next few days will be very important, as Bitcoin’s ability to retain major levels or a decrease that can determine its short and long term in the volatile market environment.

Bitcoin faces more risks

Bitcoin has seen a tremendous correction, with fear of controlling the market while increasing the risk of declines. The situation is not limited to encryption only, but also struggles of the securities market in the United States as well, and has failed to confirm the upward trend amid the increasing economic uncertainty. Over the past few weeks, volatility and uncertainty intensify, especially since Trump’s policies are in effect, which affects both traditional and digital assets.

Senior analysts Axel Adler Participate in an analysis on XAnd revealed that the S&P 500 is likely to review another 5 % based on the macro reports he read. This is important because Bitcoin currently has 80 % association with the indicator, which means that any other negative aspect in traditional markets can directly affect the BTC work. If ADLER predicts is accurate, Bitcoin is likely to continue to decrease their prices, with a possible transition to low demand levels.

The next few weeks will be crucial as bitcoin is struggling to find strong support. With the high uncertainty in the macro and the survival of the investors is afraid, the BTC should keep higher than the main demand areas to avoid an extended declining stage. If the shares are recovered, you can follow the BTC – but if the S&P 500 declines further, you may see BTC a negative aspect before finding stability.

Bitcoin is struggling at $ 80,200 after closing the landing

Bitcoin is trading at $ 80,200 after a very landmark for the week and month, which enhances the fears of continuous low prices. The market in fear mode, while maintaining momentum with BTC failure to restore main support levels. The last collapse led to speculation about whether the bull cycle has ended or if this was just another deep correction before lifting another leg.

However, there is still hope for a recovery if the bulls can maintain a level of $ 80,000. This price has been tested several times recently, and a strong defense here may lead to a reflection. If BTC regains $ 85,000 – 90 thousand dollars in the coming weeks, the feeling may change, which allows a potential bounce to higher levels.

However, the failure to keep more than $ 80,000 can lead to other sharp sales, which may lead to a decrease of BTC about 75 thousand dollars or less. The coming days will be very important as Bitcoin approaches the moment of making or breaking. The bulls need to escalate and push BTC back above resistance levels to prevent further losses, but the total trend remains down until the main levels are recovered.