BTC Gains 43% with Just 1% Loss While SPX Adds 22% in Same Period

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Bitcoin

  • Bitcoin surged from $66K to over $109K after forming a clean V pattern confirmed by the April chart.
  • SPX followed closely with a 22 percent rise showing strong investor activity in both markets since April.
  • Analyst SuperBro’s post on April 29 showed a perfect V recovery which has now fully played out upward.

Bitcoin surged 43% with just a 1% drawdown, as shown in a chart shared by analyst SuperBro on June 11, 2025. The digital asset demonstrated a distinct V-shaped recovery from late April through early June, rebounding from lows below $70,000 to highs nearing $110,000.

BTC
Source: X

The price chart, captured from TradingView, displays BTC/USD on the 12-hour time frame from Coinbase data. The movement shows steep selloffs early in the year followed by a strong recovery with minimal consolidation. The recent peak touched $110,280 before slight resistance emerged near $109,769.

According to the analyst, the post made on April 29 predicted a likely V-bottom pattern without delving into broader macroeconomic reasoning. This visual pattern held firm, with price continuing upward without any sharp corrections. From the lows in April, Bitcoin steadily gained over $40,000 in value.

Strong Market Correlation with S&P 500 Performance

Alongside Bitcoin’s growth, the S&P 500 index also rose by 22% during the same period, suggesting correlated investor sentiment. SuperBro’s post pointed out that while BTC gained 43%, SPX recorded double-digit returns, fueling bullish confidence in both equities and digital assets.

The parallel rise indicates investor appetite for risk remained intact across asset classes. This market-wide optimism likely contributed to BTC’s recovery, supported by favorable sentiment in tech and macroeconomic conditions. Traders appear to have embraced the uptrend without waiting for broader confirmation signals.

SuperBro’s chart, originally posted with the phrase “without overthinking muh macro,” shows price action as the sole analytical factor. Despite the absence of detailed technical indicators, the visual forecast turned out to be accurate. The V-shaped recovery provided a clean entry signal for market watchers.

This simplicity in chart analysis—relying only on structure—was enough to identify a strong bullish pattern. The fast-paced movement further attracted momentum traders, reinforcing the ongoing climb. Chart-based sentiment quickly spread across social platforms, increasing buying interest.

A Return to Technical Confidence?

The chart clearly marked a reversal from the sharp selloff in March and April, touching lows around $66,000 before moving upward. With minimal volatility and consistent growth, Bitcoin approached its former highs above $110,000. The recovery displayed conviction among long-term holders and technical traders alike.

This movement reinstated some confidence in traditional technical formations after months of unstable patterns in 2024. The V-bottom acted as a powerful signal, attracting renewed volume into the digital asset. Multiple levels between $92,000 and $106,000 were cleared swiftly with little resistance.

The TradingView chart suggests a steady climb without manipulation or major pullbacks. The 12-hour candles confirm continued higher lows and higher highs, typical of a healthy bull trend. This structure aligned with investor expectations and brought renewed attention to BTC price action.

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