Trader Who Nailed October 2025 Bitcoin Top Says There’s No Chance BTC Goes on a Bull Run Soon – Here’s Why

A Crypto Strategist Warns of Delayed Bitcoin Bull Rally

A well-known crypto strategist who has a track record of accurately predicting Bitcoin trends is cautioning investors that a BTC bull rally may still be far off. According to the pseudonymous trader Wick, who has a substantial following on X, the S&P 500 is showing a bearish pattern against Bitcoin, indicating that the top crypto asset could experience a significant correction in the near future.

Wick explains, “S&P vs. BTC: everyone thinks that Bitcoin is on the verge of a bull run. However, I believe that scenario is highly unlikely. If the stock market continues to decline, it could impact Bitcoin’s bull market outlook.”

The analyst anticipates a deeper correction in the stock market, which could prompt investors to sell off their Bitcoin holdings. He argues that Bitcoin tends to behave as a risk-on asset, meaning that it performs well in a risk-on environment but struggles during risk-off scenarios.

He further elaborates, “If the trend of S&P/BTC continues to be bearish, it could lead to two potential outcomes. While many expect Bitcoin to surge, I believe it is more probable that as the stock market weakens, investors will shift towards a risk-off strategy, causing Bitcoin to lose its shine as a risk-on asset.”

At the time of writing, Bitcoin is trading at $68,991, experiencing a 3.1% decline for the day.

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