Bitcoin Dip Likely as Stock Market Stalls, According to Analyst Jason Pizzino
Crypto analyst Jason Pizzino warns that Bitcoin (BTC) could face a correction in Q2 if the S&P 500 declines, as historical trends show BTC often follows stock market movements.
He points to past SPX patterns suggesting a dip through May and June, potentially dragging Bitcoin down after its recent rally. However, Pizzino also notes Bitcoin’s potential upside if the U.S. dollar index (DXY) continues its downward trend, which could boost BTC as a safe-haven asset. At the time of writing, Bitcoin trades at $97,346.
Clever Robot News Desk 11th May 2025
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