Bitcoin’s Next Bull Run May Be Sparked By S&P 500 Uptrend, Claims Analyst

Bitcoin (BTC) has been facing a long bout of consolidation ever since it was rejected at its 2019 highs of $13,800 earlier this summer. Simultaneously, the equities markets have also faced a period of consolidation throughout 2019, after trade tensions and global political instability slowed the market’s meteoric ascent.
It is important to note that one analyst is now explaining that he believes the S&P 500’s performance on a yearly basis impacts Bitcoin, as BTC’s best year