💰 Bitcoin's correlation with the S&P 500 has turned negative, suggesting a possible market bottom. Over the past five years, #Bitcoin has often moved in sync with the S&P 500, especially during the COVID-19 pandemic in 2020 and 2021, when their prices nearly matched. This trend continued through late 2021 and 2022 as both assets declined together. However, in the first quarter of 2024, both #Bitcoin and the S&P 500 saw significant gains💸

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