The Correlation Break

Bitcoin traded in lockstep with software stocks for five years, but that correlation broke this week. 

Software stocks continued to plunge while Bitcoin held steady, Visser told Anthony Pompliano on The Pomp Podcast.

Software names are getting destroyed by AI disruption.

Salesforce, Palantir, and Adobe all posted new lows this week as AI agents make coding free and ubiquitous. 

Bitcoin, however, has no competitor and cannot be disrupted by AI because it’s not a business with fundamentals.

The weekly MACD is crossing this week, providing a technical signal. Combined with the correlation break, Visser says the setup looks compelling.

The $76,000 Level

Visser gives…

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