**Bitcoin Set to Shine Again as Price Gains Catch Up with US Stocks**

Bitcoin (BTC) is poised for a major breakout, according to financial analyst Caleb Franzen from Cubic Analytics. In his latest blog post, Franzen highlights that BTC needs to recover to match the recent performance of US equities, particularly the S&P 500, which has been hitting repeat all-time highs.

Franzen notes that BTC/USD has been consolidating but is now starting to break above a key regression channel. He suggests that traders might consider going short on the S&P 500 Equal Weight ETF (RSP) and long on BTC.

Using the Williams%R Oscillator, a trend strength tool, Franzen points out that BTC has rebounded from macro lows, indicating potential further upside. Historical data shows that similar signals led to significant gains in the past.

With Bitcoin trading at its highest prices since July 2024, investor confidence is growing. Predictions favor a new macro high by 2025, with short-term gains also expected. Popular analyst Rekt Capital emphasized the importance of BTC's recent price moves, noting that Bitcoin needs to stay above $66,400 to maintain a bullish outlook.

As always, investment decisions should be made with caution and thorough research.