@serhio91
BTC gives a rare signal
The correlation of BTC with the Nasdaq-100 remains high — about 0.8, but now there is a distortion: bitcoin reacts more strongly to the fall of the index than to its growth.
The last time such asymmetry was observed at the end of 2022, when the market formed a bottom. Now it appears already near the ATH — and this is an important signal.
❗️The result: the market is still sensitive to the stock sector, but precisely such periods often become the start of a new impulse for BTC.
1 reply
0 recast
12 reactions