Bitcoin's Struggle Against Stocks and Its Future Prospects

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0xFalconMember
Posts: 40 · Reputation: 40
#1Jan 7, 2021, 09:36 AM
Hey everyone, So this Tuesday, BTC kinda leveled out, hanging around 87,500 bucks, which is a 2% increase in the last 24 hours. Analysts are hinting that Bitcoin’s weakness compared to stocks this quarter might lead to some buying action when January hits. Who knows right?
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0xRocketMember
Posts: 333 · Reputation: 188
#2Jan 7, 2021, 12:26 PM
Sounds like Bitcoin just trailing behind again. This isn't new, remember early in this bull run when folks were using the S&P 500 to guess Bitcoin's moves? Seems like a cycle. Just my thoughts anyway.
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Posts: 200 · Reputation: 14
#3Jan 7, 2021, 06:09 PM
Good point, but Bitcoin tends to follow certain patterns. I don’t think it’ll change too much in Q1 or Q2 of 2026. Sentiment is pretty negative right now, and historically, it seems to stick to its trends. If it breaks above $107,370, then I’ll reconsider.
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0xApeNewbie
Posts: 144 · Reputation: 4
#4Jan 10, 2021, 02:35 AM
There's still time left this year to see how everything plays out. We shouldn't rush into predictions. It's better to observe Bitcoin’s behavior and strategize accordingly. This year has had some wild moments already.
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atlas100Senior Member
Posts: 213 · Reputation: 1540
#5Jan 11, 2021, 05:21 AM
Honestly? I’m still pretty bearish until we hit that $100,000 mark again. The stock market isn’t looking too hot either, especially after that drop below $100,000 for Bitcoin. Both are stumbling.
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maxoracleMember
Posts: 352 · Reputation: 74
#6Jan 11, 2021, 06:25 AM
I get it, but there's a ton of hype around AI right now, and capital is pouring into that. Bitcoin will have its day again, even if it’s not in Q4. Honestly, let’s see how the AI bubble plays out first.
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