Bitcoin closed its three-month performance gap with the S&P 500 in just four trading sessions. The BTC-to-S&P 500 relative performance ratio rose from 2.2x to 2.82x, while BTC price rallied from $62K to around $78K. Bitcoin ETFs recorded $1.92 billion in inflows over the past week. The Kobeissi Letter estimates the probability of Bitcoin finishing 2026 above $90,000 jumped from 12% to 48% in three days. With the RSI now in overbought territory, a pullback remains possible.
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