According to Charlie Bilello, BTC traded in lockstep with the Magnificent Seven until the last two months, and over the past year BTC is down 11% while the Mag 7 is up 26% (source: Charlie Bilello on X, Dec 5, 2025). This recent two-month decoupling implies a materially lower short-term BTC–Mag 7 correlation than earlier this year, which directly impacts traders running equity-beta exposure and pair trades tied to Big Tech momentum (source: Charlie Bilello on X, Dec 5, 2025). Given the highlighted divergence, traders may tighten risk on BTC–equity correlation strategies, monitor spread mean reversion between BTC and a Mag 7 basket, and recalibrate hedges that assumed a high positive correlation (source: Charlie Bilello on X, Dec 5, 2025). The source explicitly asks whether the divergence is temporary or a broken relationship, so near-term positioning can prioritize correlation tracking and relative performance triggers over directional assumptions (source: Charlie Bilello on X, Dec 5, 2025).