🪙 Why does Bitcoin fall when stocks rise?
Bitcoin has once again failed to hold above 90k and is trading around 87k amid an outflow of nearly 100 million dollars from spot ETFs and weak liquidity ahead of the holidays. The fear and greed index for the crypto market remains in the range of 20–30 (Fear), while most major altcoins (ETH, SOL, BNB, DOGE) are consolidating at local weekly lows.
Key pressure factors:
• Outflow of funds from BTC-ETF and profit-taking after a strong year.
• The bullish stock market is diverting some capital away from crypto, making the risk-on in stocks more "comfortable" for institutions.
• The technical picture for BTC: a bearish pattern (flag/pennant) is forming with the risk of a continued correction to supports around 85k.
How are you playing this phase: short from 90k, spot buying at 85k, or in stablecoins? Write in the comments.
