🚀 Bitcoin's "Hangover" Continues: Is the Race Over?

- Bitcoin (BTC) is still feeling the effects of a wild party, lagging behind its all-time highs compared to the S&P 500.

- Mike McGlone from Bloomberg Intelligence suggests the "fastest horse" might be signaling the end of the race.

- BTC/USD is now 11 times the value of the S&P 500, down from its peak of 15 times in early 2020.

- Despite a recent dip to $58,000, traders like Crypto Chase see potential for a trend break to new highs—or a buying opportunity if it drops further.

Stay tuned, crypto enthusiasts! 🌟