Bitcoin is poised to “regain the spotlight” as its price movements catch up with U.S. equities, according to new analysis. In an Oct. 19 blog post, Caleb Franzen, founder of Cubic Analytics, highlighted the potential for a significant Bitcoin price breakout. Bitcoin needs to recover in order to align with the recent performance of U.S. stocks, as the S&P 500 continues to hit new all-time highs. Franzen analyzed BTC/USD relative to the Invesco S&P 500 Equal Weight ETF (RSP), noting that Bitcoin has not reached new highs against RSP since 2021 and has been consolidating within a regression channel. “On
