The major US stock market indexes, the S&P 500 and Nasdaq, hit new highs yesterday, April 15, 2026. Both indexes rose nearly 6% in just one week. But as Wall Street celebrates, Bitcoin (BTC) remains 40% below its all-time high of $126,000, set five months ago.
The S&P 500 index, which groups the 500 largest U.S. companies, closed at 7,027 points. This progress occurred after an accelerated recovery from the 6,316 points recorded on March 30th.. Meanwhile, the Nasdaq, which is primarily made up of technology companies, ended the day with 26,204 points, more than the 22,800 mark it marked on March 28th.
These dates at the end of March marked a critical point in war tensions between the United States and Iran. At the time, attacks on strategic infrastructure and the closure of the Strait of Hormuz caused stock markets to plummet on fears of a global energy crisis.
However, the market managed to recover those losses. Optimism in international financial markets was boosted by US President Donald Trump’s remarks in an interview yesterday: War with Iran ‘very close to ending’. The president reiterated that Tehran wants to “reach a deal at all costs,” which would reduce geopolitical uncertainty around the world.
Thomas Martin, senior portfolio manager at Globalt Investments, explained how investors behave in this low-stress scenario. “In the past, market participants anticipated that the situation could worsen further and mitigated risks to some extent,” the expert said. Martin added that investors “feel the need to buy” to avoid missing out on the bull market.
Despite the strong stock market performance, Bitcoin is showing slower, more cautious performance. Yesterday, April 15, Bitcoin regained some of its gains after hitting $76,000, its highest since March 16. The asset is currently trading in the $74,330 range, falling short of the euphoria dominating U.S. stocks.
Market analyst Michael van de Poppe said the decoupling is unusual and believes Bitcoin will soon follow the Nasdaq. “The reason is very simple: in most cases, the correlation is very strong,” he said.
However, Van de Poppe acknowledged that the “weakest correlation in the past decade” had been observed during this period. Analysts believe this scenario “presents a huge opportunity for Bitcoin.” In his vision, there are two possible paths. Alternatively, the index will soon see a strong correction or Bitcoin is about to turn higher. until it reaches the bag.
In the field of technical analysis, influencer Nicolas Rosso suggested that Bitcoin needs to overcome a significant level to confirm its trend. The outlook will be bullish if the coin closes the week above the 200-week EMA (price moving average) of $68,390. A breakout of the 2021 high of $69,300 would send the asset to the top of the bullish channel towards $80,000.
Analyst Willy Wu agrees that the $80,000 target is achievable. “Capital inflows into BTC turned positive for the first time since January,” Wu said. As reported by CriptoNoticias, the expert claims that the situation is on the mend and that “$80,000 remains a key test level” to test the market’s recovery.
Meanwhile, Coinglass data shows that liquidity for whales (companies owning more than 1,000 BTC) is concentrated up to $78,000. This accumulation of sell orders acts as a “retaining wall.” “While the market appears to be gravitating towards these levels, frictions will likely intensify,” the report said. This means it is difficult for prices to rise due to heavy selling pressure in the area. On the contrary, the support zone between $71,000 and $73,000 remains solid.
(Tag translation) Bitcoin (BTC)
