{"id":504391,"date":"2026-09-04T00:34:00","date_gmt":"2026-09-04T00:34:00","guid":{"rendered":"https:\/\/themarketperiodical.com\/?p=504391"},"modified":"2026-09-04T00:28:19","modified_gmt":"2026-09-04T00:28:19","slug":"le-bitcoin-se-dissocie-du-sp-500-et-du-nasdaq-mais-le-seuil-des-83-000-dollars-constitue-un-test-decisif","status":"publish","type":"post","link":"https:\/\/themarketperiodical.com\/fr\/2026\/09\/04\/le-bitcoin-se-dissocie-du-sp-500-et-du-nasdaq-mais-le-seuil-des-83-000-dollars-constitue-un-test-decisif\/","title":{"rendered":"Le Bitcoin se dissocie du S&#038;P 500 et du Nasdaq, mais le seuil des 83 000 dollars constitue un test d\u00e9cisif"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Aper\u00e7u des principaux \u00e9l\u00e9ments :<\/h2>\n\n<ul class=\"wp-block-list\">\n<li>Le bitcoin perd sa corr\u00e9lation avec le S&amp;P 500 et le Nasdaq dans un contexte d&#8217;augmentation de la dette, de d\u00e9ficits persistants et de hausse des taux d&#8217;int\u00e9r\u00eat.<\/li>\n\n\n\n<li>Eric Balchunas a d\u00e9clar\u00e9 que la corr\u00e9lation sur six mois entre le Bitcoin et les actions am\u00e9ricaines \u00e9tait d\u00e9sormais inf\u00e9rieure \u00e0 celle observ\u00e9e avec l\u2019or, les petites capitalisations et les march\u00e9s \u00e9mergents.<\/li>\n\n\n\n<li>Glassnode a identifi\u00e9 la fourchette de prix du BTC comprise entre 83 000 et 86 000 dollars comme la principale zone d\u2019offre susceptible d\u2019exercer une pression \u00e0 la vente.<\/li>\n<\/ul>\n\n<p class=\"wp-block-paragraph\">Le cours du Bitcoin a affich\u00e9 une \u00e9volution inhabituelle dans sa relation avec les march\u00e9s traditionnels \u00e0 la suite de sa forte reprise du mois d\u2019ao\u00fbt.<\/p>\n\n<p class=\"wp-block-paragraph\">Glassnode a indiqu\u00e9 que la corr\u00e9lation sur 30 s\u00e9ances glissantes entre le Bitcoin et l\u2019indice S&amp;P 500 s\u2019est rapproch\u00e9e de z\u00e9ro au cours de la r\u00e9cente remont\u00e9e. De son c\u00f4t\u00e9, Grayscale a constat\u00e9 que la corr\u00e9lation sur 90 jours entre le BTC et le Nasdaq s\u2019\u00e9tait affaiblie, tandis que sa relation avec l\u2019or s\u2019\u00e9tait renforc\u00e9e.<\/p>\n\n<p class=\"wp-block-paragraph\">Cette \u00e9volution a relanc\u00e9 le d\u00e9bat visant \u00e0 d\u00e9terminer si le Bitcoin se n\u00e9gocie davantage comme un actif macro\u00e9conomique rare que comme un investissement technologique \u00e0 b\u00eata \u00e9lev\u00e9. Cependant, Glassnode a soulign\u00e9 que les \u00e9pisodes de d\u00e9corr\u00e9lation similaires survenus lors de vagues de ventes massives d\u2019obligations souveraines se sont historiquement r\u00e9v\u00e9l\u00e9s \u00eatre des ph\u00e9nom\u00e8nes temporaires plut\u00f4t que des changements structurels permanents.<\/p>\n\n<h2 class=\"wp-block-heading\">Le Bitcoin se dissocie du S&amp;P 500 et du Nasdaq pour suivre l\u2019or<\/h2>\n\n<p class=\"wp-block-paragraph\">Le Bitcoin se d\u00e9couplent de plus en plus des actions, sa corr\u00e9lation avec le S&amp;P 500 approchant son niveau le plus bas depuis pr\u00e8s de deux ans. La relation \u00e9troite entre le Bitcoin et les actions, qui a largement caract\u00e9ris\u00e9 la r\u00e9cente tendance baissi\u00e8re, s&#8217;estompe d\u00e9sormais, selon <a href=\"https:\/\/x.com\/glassnode\/status\/2094794241356767477\">les donn\u00e9es<\/a> de Glassnode.<\/p>\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"2560\" height=\"1440\" src=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-scaled.jpg\" alt=\"Bitcoin vs actions | Source : Glassnode\" class=\"wp-image-504374\" srcset=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-scaled.jpg 2560w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-300x169.jpg 300w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-1024x576.jpg 1024w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-768x432.jpg 768w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-1536x864.jpg 1536w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-2048x1152.jpg 2048w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-150x84.jpg 150w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-696x392.jpg 696w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-1068x601.jpg 1068w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ddb31f7e20d3167b300a7c4bb4a84b82071f80169506c798b0747bc0d1bf88ae-1920x1080.jpg 1920w\" sizes=\"auto, (max-width: 2560px) 100vw, 2560px\" \/><figcaption class=\"wp-element-caption\">Bitcoin vs actions | Source : Glassnode<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">D&#8217;autre part, les donn\u00e9es de Grayscale montrent que le bitcoin pr\u00e9sente \u00e9galement une corr\u00e9lation plus forte avec l&#8217;or. \u00ab L&#8217;augmentation de la dette, les d\u00e9ficits persistants et la hausse des taux d&#8217;int\u00e9r\u00eat poussent les investisseurs vers des placements alternatifs tels que le bitcoin et l&#8217;or \u00bb, <a href=\"https:\/\/x.com\/Grayscale\/status\/2095166887038767428\">a indiqu\u00e9<\/a> Grayscale.<\/p>\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"793\" src=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963.jpg\" alt=\"Bitcoin contre l'or | Source : Grayscale\" class=\"wp-image-504373\" srcset=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963.jpg 1200w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963-300x198.jpg 300w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963-1024x677.jpg 1024w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963-768x508.jpg 768w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963-150x99.jpg 150w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963-696x460.jpg 696w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/7ea11f12af3328c04c101a6a8df5d27350f35010316d139dea5a446643f0d963-1068x706.jpg 1068w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">Bitcoin contre l&#8217;or | Source : Grayscale<\/figcaption><\/figure>\n\n<h2 class=\"wp-block-heading\">Le Bitcoin affiche une corr\u00e9lation faible avec les actions<\/h2>\n\n<p class=\"wp-block-paragraph\">Eric Balchunas, strat\u00e8ge ETF chez Bloomberg, a indiqu\u00e9 que la corr\u00e9lation entre le Bitcoin et les actions am\u00e9ricaines s\u2019\u00e9tait consid\u00e9rablement affaiblie au cours des six derniers mois. Selon lui, la corr\u00e9lation entre le BTC et les actions am\u00e9ricaines est d\u00e9sormais inf\u00e9rieure \u00e0 celle observ\u00e9e avec l\u2019or, les actions \u00e0 faible capitalisation, les march\u00e9s \u00e9mergents et les bons du Tr\u00e9sor.<\/p>\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"650\" height=\"229\" src=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ae668f7772a3aa23f20222b112c0aa7ca094e5e207254a2736005f6a0d3bb1ac-1.png\" alt=\"Bitcoin, actions, or | Source : Eric Balchunas\" class=\"wp-image-504371\" srcset=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ae668f7772a3aa23f20222b112c0aa7ca094e5e207254a2736005f6a0d3bb1ac-1.png 650w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ae668f7772a3aa23f20222b112c0aa7ca094e5e207254a2736005f6a0d3bb1ac-1-300x106.png 300w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/ae668f7772a3aa23f20222b112c0aa7ca094e5e207254a2736005f6a0d3bb1ac-1-150x53.png 150w\" sizes=\"auto, (max-width: 650px) 100vw, 650px\" \/><figcaption class=\"wp-element-caption\">Bitcoin, actions, or | Source : Eric Balchunas<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">M. Balchunas a soulign\u00e9 que la corr\u00e9lation entre le Bitcoin et les actions s\u2019est historiquement maintenue autour de 0,40. En revanche, l\u2019or et les bons du Tr\u00e9sor am\u00e9ricain ont affich\u00e9 une corr\u00e9lation plus \u00e9troite avec la cryptomonnaie ces derniers mois.<\/p>\n\n<p class=\"wp-block-paragraph\">Cette \u00e9volution remet en cause l&#8217;id\u00e9e selon laquelle le comportement r\u00e9cent du Bitcoin sur les march\u00e9s aurait \u00e9t\u00e9 principalement d\u00e9termin\u00e9 par sa corr\u00e9lation avec l&#8217;indice Nasdaq-100.<\/p>\n\n<h2 class=\"wp-block-heading\">Le cours du BTC subit une pression \u00e0 la vente entre 83 000 et 86 000 dollars<\/h2>\n\n<p class=\"wp-block-paragraph\">La soci\u00e9t\u00e9 d\u2019analyse blockchain Glassnode <a href=\"https:\/\/x.com\/glassnode\/status\/2094794241356767477\">a indiqu\u00e9<\/a> que le \u00ab short squeeze \u00bb du 19 ao\u00fbt avait propuls\u00e9 le BTC au-dessus de la barre des 80 000 dollars. Toutefois, la remont\u00e9e s\u2019est essouffl\u00e9e sous la zone d\u2019offre des d\u00e9tenteurs \u00e0 long terme, comprise entre 83 000 et 86 000 dollars, avant de reculer vers les 76 000 dollars.<\/p>\n\n<p class=\"wp-block-paragraph\">Alors que le BTC s&#8217;\u00e9changeait aux alentours de 78 000 dollars, la part de l&#8217;offre en situation de b\u00e9n\u00e9fice \u00e9tait pass\u00e9e de 65 % en mai \u00e0 68 %, ce qui laisse entrevoir un risque accru de pression \u00e0 la vente. Glassnode <a href=\"https:\/\/research.glassnode.com\/btc-market-pulse-week-36-2026\/\" target=\"_blank\" rel=\"noopener\">a identifi\u00e9<\/a> la fourchette de 62 000 $ \u00e0 65 000 $ comme la zone de soutien cl\u00e9, tandis que la fourchette de 83 000 $ \u00e0 86 000 $ reste la principale zone de r\u00e9sistance.<\/p>\n\n<figure class=\"wp-block-image\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"675\" src=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53.jpg\" alt=\"Fourchette de variation du cours du BTC | Source : Glassnode\" class=\"wp-image-504372\" srcset=\"https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53.jpg 1200w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53-300x169.jpg 300w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53-1024x576.jpg 1024w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53-768x432.jpg 768w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53-150x84.jpg 150w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53-696x392.jpg 696w, https:\/\/themarketperiodical.com\/app\/uploads\/2026\/09\/118f4590b468e6b06f4e3a8eb94134bbdac333493521acb98cdd4198cc557c53-1068x601.jpg 1068w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-element-caption\">Fourchette de variation du cours du BTC | Source : Glassnode<\/figcaption><\/figure>\n\n<p class=\"wp-block-paragraph\">Sur le march\u00e9 des options, le skew \u00e0 7 jours (delta 25) a fortement augment\u00e9 pendant le \u00ab short squeeze \u00bb. Cela montre que les traders se ruent sur les options d&#8217;achat \u00e0 la hausse avant de revenir vers une position neutre. Parall\u00e8lement, le skew \u00e0 180 jours est rest\u00e9 stable, ce qui sugg\u00e8re que le sentiment haussier \u00e0 court terme s&#8217;est temp\u00e9r\u00e9.<\/p>\n\n<p class=\"wp-block-paragraph\">Par ailleurs, Charles Schwab <a href=\"https:\/\/x.com\/CryptosR_Us\/status\/2095352331537637709\">a fait remarquer<\/a> qu\u2019un passage durable au-dessus de 80 000 dollars pourrait ouvrir la voie \u00e0 une remont\u00e9e du Bitcoin en fin d\u2019ann\u00e9e. La soci\u00e9t\u00e9 a soulign\u00e9 que le maintien au-dessus de ce niveau permettrait \u00e0 l\u2019investisseur moyen en BTC de renouer avec les b\u00e9n\u00e9fices. Elle a \u00e9galement mis en avant la p\u00e9riode d\u2019octobre \u00e0 d\u00e9cembre comme \u00e9tant historiquement favorable pour cette cryptomonnaie.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Aper\u00e7u des principaux \u00e9l\u00e9ments : Le cours du Bitcoin a affich\u00e9 une \u00e9volution inhabituelle dans sa relation avec les march\u00e9s traditionnels \u00e0 la suite de sa forte reprise du mois d\u2019ao\u00fbt. Glassnode a indiqu\u00e9 que la corr\u00e9lation sur 30 s\u00e9ances glissantes entre le Bitcoin et l\u2019indice S&amp;P 500 s\u2019est rapproch\u00e9e de z\u00e9ro au cours de \u2026<\/p>\n","protected":false},"author":35,"featured_media":504380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tmp_editor_id":0,"tmp_editor_role":"Edited by","footnotes":""},"categories":[6918,3162,3218,3321,3178,4111,77,78,3240],"tags":[3181,3626,3850,3694,4476,3894,3346,3596],"class_list":["post-504391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualites-bitcoin","category-analyse","category-analyse-des-crypto-monnaies","category-bitcoin-fr-2","category-bitcoin-fr","category-marches","category-nouvelles","category-nouvelles-sur-les-cryptomonnaies","category-nouvelles-sur-les-cryptomonnaies-fr","tag-bitcoin-fr","tag-bitcoin-btc-fr","tag-btc-fr","tag-btc-crypto-fr","tag-cryptocurrency-fr","tag-prediction-du-prix-du-btc","tag-prix-du-btc","tag-prix-du-btc-fr"],"_links":{"self":[{"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts\/504391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/comments?post=504391"}],"version-history":[{"count":1,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts\/504391\/revisions"}],"predecessor-version":[{"id":504392,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/posts\/504391\/revisions\/504392"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/media\/504380"}],"wp:attachment":[{"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/media?parent=504391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/categories?post=504391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/themarketperiodical.com\/fr\/wp-json\/wp\/v2\/tags?post=504391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}