The Great Decoupling: Bitcoin Carves its Own Path
From Nasdaq
April 22, 2025 2:56:00 pm:
Bitcoin has decoupled from traditional assets, rising 3% despite a sharp decline in equities. It is now above its 50-day moving average. The correlation between Bitcoin and global M2 money supply suggests a potential surge in Bitcoin value. MicroStrategy’s success with Bitcoin is influencing other companies to add it to their balance sheets.
Bitcoin’s unique attributes make it a safe haven against tariffs and fiat currency uncertainty. MicroStrategy’s breakout from a bull flag pattern indicates a potential price surge. Companies like GameStop and Semler Scientific are following suit by adding Bitcoin to their balance sheets. Institutional adoption of Bitcoin is increasing, signaling a shift in the market.
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