Bitcoin price analysis sees rematch with 2021 record high vs. S&P 500

Bitcoin getting even against US stocks is a distinct possibility as a “highly effective” BTC price tool repeats a classic breakout signal.

Bitcoin (BTC) is due to “regain the spotlight” as BTC price gains catch up with United States equities, new analysis says.

In his latest blog post on Oct. 19, Caleb Franzen, creator of financial research resource Cubic Analytics, saw the potential for a major BTC price breakout.

Bitcoin needs to recover to match the recent performance of US stocks, as the S&P 500 notches repeat all-time highs.

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