Bitcoin Could Finally Outperform Stocks During a Market Correction, Says Bitwise CEO
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Bitcoin behaves in a way we haven’t seen before during market turbulence. Despite global economic tensions, from President Trump’s sweeping tariffs to the U.S. forming a bitcoin strategic reserve, Bitcoin has remained surprisingly steady. Trading at $84,379, its BTC price has barely moved over the last month, posting just a 0.07% return. “The world is unraveling, and Bitcoin is trading above $80,000. If that doesn’t give you confidence in its staying power, I don’t know what will,” said Matt Hougan, Bitwise CEO. This calm amid chaos sparks curiosity among investors wondering if Bitcoin is becoming a more reliable part of the global financial system.
A Shift in Market Behavior During Downturns
In past sell-offs, Bitcoin often fell harder than the stock market. But this time is different. Since the S&P 500 peaked on February 19, it’s down around 12%, and Bitcoin has mirrored that, dropping 12.4%. Compare that with 2022, when stocks fell 24.5% and Bitcoin crashed 58.3%, or the 2020 Covid crash, where it dropped more than 38%. Even during the 2018 trade war, Bitcoin lost nearly double the stock market’s decline. Now, it seems to be holding its ground. Hougan notes that Bitcoin has never outperformed equities during a significant correction, but this time, it might.
Institutions and the ‘Digital Gold’ Narrative
Bitwise CEO believes Bitcoin’s evolving behavior points to growing maturity. The shift toward a digital gold narrative strengthens as more corporations and governments begin treating it like a bitcoin strategic reserve rather than a volatile asset. As this institutional perspective grows, BTC price movement appears less reactive to equity market swings. While Hougan concedes it’s not yet a full hedge like gold, the lowered volatility during recent downturns supports the transition. As the Bitcoin Strategic Reserve concept gains traction, it’s no longer just a speculative play; it’s building credibility as a resilient financial instrument.
BTC Price Action Snapshot: What The Charts Are Showing?
The 5-minute BTC price chart reveals a shift from early volatility to a structured uptrend within an ascending channel. After an initial spike pushed RSI into overbought territory, Bitcoin corrected but held strong above $84,000, forming a reliable support zone. Several rebounds from oversold RSI readings and alternating golden and death crosses on the MACD signaled short-term uncertainty, though higher lows pointed to growing bullish momentum. As BTC neared $85,400 resistance, a bounce near $85,200, alongside a fresh MACD golden cross, confirmed renewed buying strength. Currently, the BTC price hovers between $85,600 and $85,800, with momentum suggesting more upside ahead.
Chart 1, Analyzed by Alokkp0608, published on April 15th, 2025
A Turning Point for Bitcoin’s Role in Finance
Bitcoin’s impressive stability during global economic unrest and its structured technical performance hints at a new chapter. The consistent support above $84,000 and fresh bullish signals in the BTC price chart show growing investor confidence. As it navigates macro volatility with less panic and more poise, Bitcoin may finally be stepping into its potential as a durable asset. Combined with the growing narrative of it being a Bitcoin strategic reserve, its ability to decouple from equities is becoming more realistic. If this trend continues, Bitcoin might just earn its place as a reliable, long-term component of modern investment portfolios.
The post Bitcoin Could Finally Outperform Stocks During a Market Correction, Says Bitwise CEO appeared first on Coinfomania.
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