Many people are worried whether the upward trend of Bitcoin ($BTC ) will be affected by the decline of US stocks. According to the latest US stock market trends, especially the performance of the Nasdaq index, we can see that the market is currently showing a positive trend. The recently released non-farm employment data and CPI index in the United States are relatively optimistic, showing that the fundamentals of the economy are solid.

. The Nasdaq index continues to rise, the market has a significant money-making effect, and the panic index shows that the market is in a state of extreme greed.

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From a technical analysis perspective, U.S. stocks may be about to enter a risk zone at the monthly level. Since October 2022, U.S. stocks have continued to rise for nearly two years without a major correction. Still, given the strength of the U.S. economy, a real recession is probably still 1-2 years away

. At the weekly level, the upward momentum of U.S. stocks is still strong, and there may not be a correction trend in the next 3-5 weeks. On the daily level, U.S. stocks rose steadily, with bulls clearly arranged

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Combining this information, it can be seen that the U.S. economy and technological development remain strong, especially in the leading position in fields such as artificial intelligence, biotechnology, automation, and aerospace. These are key factors driving economic development.

. In addition, the recent trend of Bitcoin sometimes no longer follows the U.S. stock market, but moves independently. This may be due to the trading behavior of multiple bookmakers in the market. Therefore, during Bitcoin’s current upward cycle, it is unlikely to be affected by the decline of U.S. stocks.

However, when Bitcoin’s rising cycle comes to an end, investors should consider selling at the right time. After all, the ultimate goal of investment is to make a profit. The market is always full of variables, and investors need to pay close attention to market dynamics and make wise investment decisions.