The main stock market indices in the United States, the S&P 500 and the Nasdaq, reached new all-time highs yesterday, April 15, 2026. Both had a rise of close to 6% in just one week. But, as Wall Street celebrates, bitcoin (BTC) remains 40% below its record high of $126,000 reached five months ago.
The S&P 500, which groups the 500 largest companies in the United States, closed at 7,027 points. This advance occurs after an accelerated recovery from the 6,316 points registered on March 30. For its part, the Nasdaq, composed mainly of technology companies, ended the day at 26,204 points, exceeding the 22,800 it marked on March 28.
These dates at the end of March marked a critical point in the war tension between the United States and Iran. At that time, attacks on strategic infrastructure and the closure of the Strait of Hormuz plummeted stock markets due to fear of a global energy crisis.
However, the market has managed to reverse those losses. Optimism in international financial markets was boosted by statements by the president of the United States, Donald Trump, who stated yesterday in an interview The war with Iran is “very close to ending”. The president reiterated that the Iranian government wants to “reach an agreement at all costs,” which reduced global geopolitical uncertainty.
Thomas Martin, Senior Portfolio Manager at Globalt Investments, explained the behavior of investors in this scenario of less tension. “The previous situation was that market participants had reduced risk to a certain extent, anticipating that things could get worse,” said the specialist. Martin added that investors now “feel the need to buy” so as not to miss out on the bull market.
Despite the good performance of the stock market, bitcoin shows slower, more cautious performance. After touching $76,000 yesterday, April 15—its highest level since March 16—bitcoin returned part of its gains. Currently, the asset is trading in the area of $74,330, failing to match the euphoria that dominates US stocks.
This decoupling is unusual, according to market analyst Michaël van de Poppe, who believes that bitcoin will soon follow the Nasdaq. “The reason for this is quite simple, the correlation has been significantly strong most of the time,” he said.
However, van de Poppe acknowledged that “the weakest correlation in the last 10 years” is observed in this period. The analyst considers that this scenario “provides a tremendous opportunity for bitcoin.” Under his vision, there are two possible paths: or the indices suffer a strong correction soon, or bitcoin is about to make an upward turn to reach the bag.
In the field of technical analysis, the influencer Nicolás Rosso indicated that bitcoin It must overcome key levels to confirm its trend. If the coin closes the week above the 200-week EMA (price moving average) at $68,390, the outlook will be bullish. Breaking through the 2021 high of $69,300 would take the asset to the top of its bullish channel towards $80,000.
For his part, analyst Willy Woo agrees that the goal of $80,000 is feasible. According to Woo, “capital flows into BTC just turned positive, for the first time since January.” The specialist maintains that conditions are healing and that “$80,000 continues to be the key test level” to validate the market recovery, as reported by CriptoNoticias.
For its part, data from CoinGlass show that the liquidity of whales—entities that own 1,000 BTC or more—is concentrated up to $78,000. This accumulation of sell orders works as a “retaining wall.” According to the report, “the market appears to be pulling towards these levels, but the friction will be intense,” which means the price will struggle to rise due to massive selling pressure in that area. On the contrary, the support zones between $71,000 and $73,000 remain solid.