May 16, 2026

If SPX loses support, so will Bitcoin

If SPX loses support, so will Bitcoin

If SPX loses support, so will Bitcoin

If SPX loses support, so will Bitcoin

Bitcoin / U.S. dollar BITSTAMP:BTCUSD
MJShahsavar


If SPX loses support, so will Bitcoin

We have already talked about the correlation between Bitcoin and the US stock market. SPX and NDX are losing support levels. The candlesticks have not been closed yet and it is necessary to confirm the breakdown after closing. But if this level of support is lost, it is likely that bitcoin will breakdown as well

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