Both, S&P 500 and Nasdaq moved up by over 2.5% while Bitcoin did almost twice as much. What's comforting, both indices were in red yesterday but bitcoin went up anyways, which shows that the cyclical pattern might actually be stronger than the correlation with traditional stocks.
That's crazy, although we said that we're decoupling with stocks market, we moved more way than them, resulting in a huge pump in a price.
Right now we're trading above $91k, which is great to see after a prolonged period of stagnation, but it's a bit too soon to call it a breakaway. If it carries on moving up for another 2-3 days, or at least if the price manages to stay above the $90k, that would be a sign that the bull run in this cycle is not yet over.
Yes, I still remember that you question whether we are in the bull run or not, so I guess you got your answers right?
I'm seen the price hitting $95k right now, so this uptick in price is going to continue and maybe the next target is really that big 6 digits again. Exciting to see it as the investors are very happy and could pour their money again.