Closelook@Charts
Bull Markets — Crypto and Gold Broke First
Seven bull markets from the late-2022 lows, month by month: bitcoin, gold, the chips, the Nasdaq 100, the S&P 500 and the world funds, each starting at 100. Bitcoin's best month-end was 700 in July 2025, gold's 285 in February 2026, the chips' 552 in June 2026. On the editor's charts crypto and gold have lost their trend lines; the Nasdaq 100 sits on support, the S&P 500 and the world funds are intact. Narration: AI voice.
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Transcript
0:00 Seven bull markets began at the end of 2022. Two have already broken.
0:07 Bitcoin, gold, the chips, US and world stocks: 100 dollars in each, month by month.
0:14 The start: the last close of 2022, every market at 100.
0:19 Bitcoin takes the lead early; the chips lead the stock markets.
0:24 By the end of 2023 bitcoin is at 254, the chips at 166.
0:38 Gold lags: 143 by the end of 2024, behind the S&P 500.
0:49 July 2025: bitcoin's best month-end, at 700.
0:55 Then gold runs, to 285 by February 2026.
1:03 The chips peak in June, at 552, ahead of bitcoin.
1:11 Today: bitcoin 40% under its best month-end, the chips 30%, gold 27%.
1:18 On the editor's charts, crypto and gold have lost their trend lines from 2022.
1:24 The Nasdaq 100 sits on support. The S&P 500 is 2% from its best, its trend intact.
1:33 Every chart and every level: closelook.net
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Research diary, not investment advice. Figures as stated in the video, to the date shown.