Bitcoin reaching $82,829 with strong S&P 500 correlation could worry long-term believers, Anndy Lian notes

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21.10.2026

Bitcoin reaching $82,829 with strong S&P 500 correlation could worry long-term believers, Anndy Lian notes — Bitcoin at $82,829 shows 95% correlation

Anndy Lian said that Bitcoin reaching $82,829 is showing a 95% correlation with the S&P 500, a situation he believes should concern long-term believers in the cryptocurrency.

Lian made this point while sharing his perspective on Bitcoin's current price in relation to traditional equity markets.

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Lian previously called on the crypto industry to prioritize innovative solutions rather than relying on repackaged products, according to a recent article. He has also argued that marketing is a necessary component for crypto projects and should not be seen as a negative indicator, as reported in another statement. These earlier remarks situate his latest views on Bitcoin’s market correlation within a broader perspective on crypto development.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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