Bitcoin is showing new signs of decoupling from traditional stock markets like the S&P 500, demonstrating significant growth.
Decoupling from Traditional Markets
Analysts suggest that the reduced correlation to traditional markets signals the start of a new bull market for Bitcoin. According to Santiment data, Bitcoin began outperforming the S&P 500 in January 2025, possibly indicating a separation from stock market fluctuations and paving the way for new all-time highs in 2025.
Strong Support and Minimal Resistance
Bitcoin is trading above a key support zone between $95,400 and $98,400, where 1.77 million addresses purchased 1.53 million BTC. This creates a strong demand zone that could prevent significant price declines. At the same time, Bitcoin faces minimal resistance, providing hope for further growth as selling pressures remain limited at higher levels.
Analysts' Predictions
According to Coinglass data, Bitcoin Futures Open Interest has increased to $64.96 billion, reflecting heightened speculative activity. However, rising open interest and leveraged positions increase volatility risk. Despite this, analysts believe Bitcoin is well-positioned to test new all-time highs if it continues to decouple from traditional markets.
Strong support and minimal resistance position Bitcoin well to reach new highs, especially as it continues to decouple from the stock market.
