Bitcoin Decouples from Stocks, Still Has Room to Rise to $40K Says Analyst

Bitcoin has decoupled from stocks and still has room to rise to $40,000, according to analyst Kaleo.

BTC's relative performance against the S&P 500 is evidence of this decoupling.

However, a March 2020-style crash that liquidates leveraged traders is still possible.

Longer time horizons of 2024-2025 are safer bets than short-term trading.

Stacking BTC now, even at higher prices, will be a solid long-term buy according to Kaleo.