Bitcoin Breaks Away from Wall Street with Bullish Momentum Building

Bitcoin shows bullish strength with a rare 3D MACD crossover on the BTC/SPX chart, signaling strong momentum despite market volatility.

BTC maintains higher lows and breaks out of recurring wedge patterns while SPX drops, indicating potential capital rotation into crypto.

As SPX falls below key support and RSI hits oversold levels, Bitcoin holds firm above support, showing investor confidence in digital assets.

Bitcoin continues to show impressive resilience while traditional markets experience increasing volatility. A notable 3D bullish MACD crossover on the BTC/SPX chart signals a strong shift in market momentum. This signal, seen only five times in two years, has consistently led to major crypto rallies. Bitcoin’s technical structure, shaped by recurring bullish patterns, shows clear upward continuation. Conversely, the S&P 500 is experiencing pressure, as seen by its steep decline and shattering of important support. The early stages of a larger capital shift away from stocks and toward cryptocurrency assets may be indicated by the difference between Bitcoin and SPX.

MACD Cross Confirms Bitcoin’s Bullish Momentum

The BTC/SPX chart highlights a repeating bullish pattern from 2023 to 2025. Bitcoin has consistently broken out of descending wedge formations. Each breakout aligns with MACD bullish crossovers, confirming strong upward price movement. Hence, Bitcoin maintains higher lows and an ascending trendline despite intermittent corrections.

Source: Moustache

Moreover, current MACD indicators mirror previous bullish setups. The histogram recently flipped green, hinting at renewed momentum. Besides, Bitcoin's price remains above prior resistance levels, which now serve as strong support. Significantly, this consistent bullish structure strengthens investor confidence. Technical traders view this recurring cycle of consolidation and breakout as a reliable signal of continued growth.

Capital Rotation as Bitcoin Decouples From SPX

Since early April, market behavior has shifted. The S&P 500 has dropped over 10%, falling below the 5,550 support zone. This sharp breakdown signals strong bearish sentiment across equities. In contrast, Bitcoin has declined only 5.45% from its peak and holds firm above support levels.

Consequently, analysts observe signs of a capital rotation.It seems that investors are shifting their money from conventional stocks to digital assets. Additionally, the SPX hovers at 5,121, while Bitcoin trades around $83,853. As Bitcoin continues its upward path and the SPX experiences increasing selling pressure, this disparity becomes more apparent

Source: DataDash

Moreover, the S&P 500’s RSI indicates oversold conditions, falling below 30. Historically, this points to short-term recoveries. However, the current downtrend seems more structural. Hence, Bitcoin’s outperformance signals changing investor sentiment amid macro uncertainty.

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