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When comparing $BTC to the S&P 500, we can see how there has been little to no change for the past 2 months.
It is sitting right at the breakout level from November 2024 after Trump won the elections.
This is a pretty key are for the bulls to defend and I'd say decent value for BTC relative to equities. But it might take some more time for this to really get going.
$BTC
{spot}(BTCUSDT)