Bloomberg Research: Trump's inauguration in January may become a short-term high point for BTC, can BTC's correlation with the stock market weaken and develop an independent trend?

Market performance is usually strong after a U.S. presidential election, but tends to cool somewhat after a presidential inauguration. While BTC and stock market correlation are weakening, micro-strategies are stepping up and waiting for price discovery. (Synopsis: Buy again!) Microstrategy spent another $1.5 billion to increase the position BTC, holding BTC scale exceeded 400,000) (Background added: Trump vowed to "not sell" the US government's BTC, but things are not as simple as he thought) According to Bloomberg research firm Macrobond Financial, historically, U.S. presidential election years have typically been strong after elections, but tend to cool after the president officially takes office, especially when the president is a Republican. The market gains were even more significant. Republicans are generally seen as more business-friendly, which makes the market prone to short-term gains after the election. However, with the re-election of Republican Donald Trump, the market is expected to adjust after his inauguration. EricSoda's tweet BTC and stock market correlation weakens On the other hand, the current correlation between BTC and the US stock market is gradually weakening. In particular, correlation with the Nasdaq tech stock index, the 30-day rolling correlation between BTC and the Nasdaq since March 2024 fell to 0.46, one of the lowest levels in five years. But despite the weakening of correlation, BTC and the US stock market still have nearly 50% correlation, and BTC is likely to be affected in a global financial market downturn, especially during large-scale capital outflows. Web3 investment firm MV Global predicts that the cryptocurrency bull market may extend into 2025 and peak in the second half of the year. BTC is expected to rise one step further after breaking 100,000 BTC recently pulled back to the level of 9.5~96,000 US dollars, and the CEO of CryptoQuant, a cryptocurrency analysis company, posted deposit confidence yesterday, saying that in the past 30 days, MicroStrategy (MSTR) spent $13.5 billion to buy 149,900 BTC, making its Holdings value rise by 215 $100 million. The company's continued ramping up of BTC shows that the market is unable to absorb such a large amount of BTC in the short term without pushing up the price. And further stated: If BTC breaks above $100,000, the gains may rise further as it enters price discovery. CryptoQuant CEO's X, MSTR's BTCPosition (USD) Related reports CZ is expected to become the head of Trump's encryption department? Zhao Changpeng: Willing to help as much as possible Biden pardons eldest son "community shouts pardon CZ" Zhao Changpeng responds: will no longer be the CEO, Trump acid miscarriage of justice Trump branded cruel words: BRICS countries dare to "de-dollarize" and impose 100% tariffs! 〈Bloomberg Research: Trump's inauguration in January or BTC short-term high, BTC and stock market correlation weakened can go independent? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".