Trader Eugene: I have never seen such a clear "relative defensiveness" between Bitcoin and the stock market.

BlockBeatNews

2025-04-04 17:35:38

BTC0,13%

BlockBeats news, on April 5th, trader Eugene posted, “At this point, even God Himself seems to be defending Bitcoin—I think I’ve never seen such a clear relative defensiveness between Bitcoin and the stock market (i.e., Bitcoin’s resilience in the downturn of risk markets is stronger than that of the U.S. stock market).” Earlier today, Eugene stated, “The support level for Bitcoin is very solid today, and its relative strength during the big dump in the market cannot be ignored. I have built a position at the price level of 83200 dollars—the bottom of the S&P 5100 points is credible, and any recovery in the stock market will theoretically boost Bitcoin to soar.”

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