Crypto

The Bitcoin vs. Nasdaq Signal Has Flipped Bullish

▶ Bitcoin Magazine The Bitcoin vs. Nasdaq Signal Has Flipped Bullish As tech drops, Bitcoin holds. Sean Hagan examines the BTC/Nasdaq ratio reclaiming its 200-day MA, historical 84% median gains, and his $100K line in the sand. This post The Bitcoin vs. Nasdaq Signal Has Flipped Bullish first appe

Source: Bitcoin Magazine

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DW NOTE

Bitcoin holding flat while tech sells off doesn't mean Bitcoin has decoupled — it means the Nasdaq is pricing in earnings compression that Bitcoin doesn't have to report. The ratio reclaimed its 200-day average because one denominator fell, not because the numerator found new fundamental support.

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The Bitcoin vs. Nasdaq Signal Has Flipped Bullish

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