BTC is decoupling from S&P

This is a follow up to the previous insight where we say it's important to pay attention to BTC-S&P correlation - What we can learn from the latest Bitcoin-S&P correlation spike

Now BTC is decoupling from S&P again. Just take a look:

Correlation already dipped once recently, recovered and now goes down again.

Take a look at the price chart:

Correlation is highest when market is bearish. And now we might see BTC decoupling.

Cause it's much easier to pump cryptomarket, unreal to pump the whole S&P.

So what we expected is happening now, or might be happening now.

The final sign of BTC bull run.

Python code for plotting correlation can be found here: https://gist.github.com/ravno/2dd0bab022efab9d7190f86df4058f2d