#RiskRewardRatio —think the S&P 500 or in times of economic uncertainty.

However, Bitcoin’s detachment from traditional financial systems doesn’t mean it’s immune to market sentiment. During bull runs, like the one following its 2020 halving, Bitcoin often surges while stocks stagnate. Conversely, in risk-off environments—say, a Federal Reserve rate hike or geopolitical tension—it can plummet alongside equities as investors flee to cash or bonds.