Bitcoin vs S&P 500 Correlation (Live)
You often hear Bitcoin trades in lockstep with the stock market. Here is the year-by-year evidence.
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Correlation of daily Bitcoin and S&P 500 returns, one bar per year. The dashed lines mark the quoted claim and the true full-period average.
Drag across the chart to zoom into any span. Reset zoom to go back.
Whenever Bitcoin sells off alongside stocks, someone declares it is just a leveraged tech trade. This chart tests that by measuring the correlation of daily moves between Bitcoin and the S&P 500, one year at a time.
The picture is not lockstep. Correlation swings from strongly positive in risk-off years to negative in others, and the full-period average sits far below the headline figure people quote. The link is real in acute stress moments, when everything sells together, and mostly noise the rest of the time.
Bitcoin is not immune to global risk sentiment, but it is not a stock index in disguise either. Its dominant rhythm is its own halving cycle.
The charts are public. The read is the edge.
These indicators are free for everyone. Inside the community you get the daily desk note that ties them together, alerts when price enters a cycle window, and the Satoshi Clock running on your own charts.
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