Bitcoin: Relative Strength Rebounds vs S&P 500

Bitcoin has regained relative strength against the S&P 500, with its win rate now exceeding 50% on trading days as stocks remain flat, reversing the weak June performance where it beat the index on just one-fifth of days, the weakest stretch in six years.

Price action on the 4h chart shows BTC at $84448.25 holding a bullish trend above the EMA50 at $83609.52 and EMA200 at $79934.11, with MACD confirming momentum via golden cross at 36.91 while RSI at 56.88 stays neutral; trading inside Bollinger bands suggests testing upper resistance near $84492.31 could precede a pullback to EMA50 support before continuation, informing BTC price prediction amid crypto market crash risks and muted AI industry impact on this bid.