Crypto selloff na just temporary as stock rally dey go
Di market dey show say connection dey weaken as S&P 500 don reach record high but Bitcoin just dey stall below $112,000. Even though crypto market dey sell off now, correct US economy figures—3.3% GDP growth plus 1.6% consumer spending—plus how history don show say 75% of stocks wey reach important technical level fit usually mean say 12 months of gains dey come, everything dey hint say this crypto selloff na short break. Traders suppose see dis drop as chance to buy before fresh bull run start.
Bullish
Even though Bitcoin dey behind S&P 500 record highs, di article talk say strong US GDP growth, high consumer spending, and history show say market for risk assets go still dey bullish. Since 1953, wen 75% of stocks reach key technical levels, S&P don deliver big gains for 12 months, e mean say di current crypto sell-off na only temporary correction, no be trend reversal. Traders go likely see these signs as signal to buy when prices fall. For short term, dis view fit boost buying momentum around key support level near $110,000. For long term, continued economic strength and market correlation increase di chance say crypto go reach new highs alongside equities.