Bitcoin: Erases Three Months S&P 500 Lag in Four Days
Bitcoin erases three months of S&P 500 underperformance in four days at $77234.29 with RSI at 79.8 and MACD death cross on 4h chart.
SourceAnalysis
Bitcoin erased three months of underperformance against the S&P 500 in four trading days, a sharp reversal that resets relative strength for BTC on August 22, 2026.
Price sits at $77234.29 inside the Bollinger band with upper resistance at $81289.14 while RSI(14) prints 79.8 overbought and MACD registers a bearish death cross at 3043.83; a healthy retracement toward EMA50 support at $69928.45 looks probable before the next leg higher above EMA200 at $65865.73. This move aligns with recent BTC price prediction models that factor in equity-beta compression and institutional flows over the past six months. Traders watching crypto market analysis note the four-day catch-up also reduces downside beta if broader risk assets stall.
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