Btc correlation to S&P 500

https://www.tradingview.com/x/YfrV58rN/
I think everyone of us witnessed the bearish price action recently in the crypto market aswell as in the S&P 500 for example. In the picture above we can see very good that BTC correlated very nice with the S&P 500.

But in the last two days its looking like BTC is decoupling from the S&P 500. A reason for that could be, that BTC already reached the recent Bear market low.

https://www.tradingview.com/x/ik4O6zLC/

Instead the S&P 500 can still test the 1500 Area, since resistance becomes support.

https://www.tradingview.com/x/fQwaOZxW/

Thanks for reading, have a nice day :)