The Bitcoin-to-S&P 500 ratio tells an interesting story right now. After that significant breakout above the old all-time high trendline back in November 2024, we haven't witnessed another strong rally on this chart. Instead, what we're seeing is Bitcoin pulling back and testing that same trendline again. So here's the question: does this retest signal strength from the bulls, or are we looking at something else entirely? The chart suggests there's still some tension between institutional flows and crypto momentum.

BTC-0,11%
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airdrop_huntressvip
· 01-07 03:07
The btc/sp500 ratio is quite interesting now, showing a strong tug-of-war between institutions and retail investors.
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GateUser-3824aa38vip
· 01-06 23:26
The BTC/SP500 ratio is quite interesting this time, retracing to the previous high support line... Those optimistic say it's a shakeout, but I think it's probably just institutions still hesitating.
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All-InQueenvip
· 01-05 18:29
Wait a minute... Is this retracement to accumulate or to break the level? I can't quite understand it.
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AirdropHunterWangvip
· 01-04 17:54
This retest feels like institutions are shaking out the weak hands, retail investors are about to get cut again...
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TestnetScholarvip
· 01-04 17:52
Once again, testing the support level. Is this wave institutions accumulating or are they truly out of strength?
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SignatureAnxietyvip
· 01-04 17:50
BTC is testing that line again... To be honest, I can't quite understand the institutions' thinking.
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NFT_Therapyvip
· 01-04 17:38
Bitcoin is once again entangled along that line, broke through last time and now back to test... This rhythm is really a bit frustrating.
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GasFeeGazervip
· 01-04 17:38
Bitcoin is dancing along that line again, and the tug-of-war between institutions and retail investors is just beginning.
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ruggedNotShruggedvip
· 01-04 17:28
BTC retesting the previous breakdown? Can it hold this time? It seems like institutions are still watching.
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