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Fading QuicklySnapshot Window: 2026-08-05 10:50 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 10, Retweets: 2, Likes: 16, Impressions: 543
Verbatim Community Citations & Social Evidence 1 source posts analyzed
One of the most uncomfortable charts for Bitcoin bulls is no longer BTC/USD, it is Bitcoin’s performance relative to equities. The S&P 500-to-BTC ratio has moved above its 200-week average and for the first time since 2012, appears to be establishing a foothold there. The
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AI visual note: A TradingView chart of the SPX/BTCUSD ratio shows the metric rising above its 200-week moving average (yellow line) in mid-2026, with an annotation noting this is the first time since the series began that it has established a foothold above that average. The accompanying post highlights this as an uncomfortable signal for Bitcoin bulls, as it indicates Bitcoin is underperforming the S&P 500 on a long-term basis.