Bitcoin and the stock market have moved together closely enough that weakness in US equities remains relevant to any BTC price prediction. That relationship becomes especially important when stocks trade near record levels and Bitcoin struggles to recover lost ground. The connection has not been consistent throughout the year. Research presented by More Crypto Online puts Bitcoin’s correlation with the S&P 500 below 0.3 between June and September, before it climbed toward 0.6 over the latest 6 weeks covered in the analysis.