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Crypto analyst Willy Woo said BTC could prove relatively resilient even if the stock market enters a correction.
In a post on X, Woo said BTC had already fallen 50% from its peak while stocks were hitting fresh highs, which could help it weather a stock decline relatively well. Woo added a similar pattern appeared in 2014, when BTC plunged after the collapse of Mt. Gox while stocks continued to rise. As stocks later entered a bear market, BTC posted gradual gains, and in 2017, when stocks also turned bullish, BTC went on an explosive rally.