Bitcoin: Outperforms SOX by 21.7 Points Since June

Bitcoin has outperformed the $SOX semiconductor index by more than 20 percentage points since the June 22 peak, with BTC gaining 2.5% while semis fell 19.2% according to André Dragosch.

Price sits at $65239.31 inside a bullish structure defined by the EMA50 at $64835.69 and EMA200 at $63929.0. The MACD golden cross at 29.94 confirms trend strength while RSI at 57.11 leaves room before overbought conditions. With price testing the upper Bollinger band resistance at $65612.88, a measured pullback toward the 50-EMA support remains the highest-probability path before continuation. This relative strength versus tech equities aligns with the ongoing Bitcoin outperforming tech stocks narrative observed over the past year.