"Bitcoin Diverges from Stock Market, Gearing Up for a New Rally" – Swissblock

# Bitcoin Set to Outshine Equities, Igniting Fresh Bullish Momentum: Swissblock Analysis Swissblock, a leading cryptocurrency analytics firm, has highlighted that Bitcoin (BTC) is on track to outperform equity markets and is gearing up for a strong upward trend. According to Daily Hodl's report on the 27th, Swissblock revealed on the social media platform X (formerly Twitter) that Bitcoin has shown resilience this month, even as the stock market experienced significant sell-offs, solidifying its position as a unique asset. Swissblock’s analysis indicates that Bitcoin is emerging as a safe-haven asset amidst market uncertainties, such as those caused by former President Donald Trump’s trade wars. "Bitcoin’s decoupling from equities is evident," Swissblock remarked, noting, "Even if trade war sentiment changes, Bitcoin is unlikely to suffer significantly. It might even strengthen alongside gold." Furthermore, the firm emphasized that "upward pressure is building." > Bitcoin’s decoupling from equities is confirmed: Even if trade war sentiment shifts, Bitcoin won’t be heavily affected. In fact—like gold—it could strengthen. Upward pressure is building. pic.twitter.com/0NyKZAPcVS — Swissblock (@swissblock__) April 24, 2025 In October alone, Bitcoin has surged over 15%, compared to a 1.42% decline in the S&P 500 index, as shown by Swissblock's data. # Bitcoin Risk Index Flashing Bullish Signals Swissblock also pointed out that its Bitcoin Risk Index is currently indicating bullish signals for BTC. This index assesses Bitcoin’s risk environment by analyzing a mix of on-chain metrics and cost-based indicators. Their analysis highlights that selling pressure is gradually diminishing, while Bitcoin's potential for gains is on the rise. Swissblock stated, "Bearish investors should take heed. The risk-off signal has been at zero for several days, clearly showing reduced downward pressure." The firm added, "Bitcoin is in a bullish consolidation phase, and any declines will serve as a base for further gains." # Bitcoin's Key Resistance Levels Pivotal for Rally Last week, Swissblock noted that Bitcoin must break through the $95,000 resistance level to confirm a new rally. However, they also indicated that Bitcoin might experience a minor pullback around the $89,000 mark to gather additional bullish momentum. At the time of reporting, Bitcoin is trading at $94,826.