Nasdaq is now down 6.67% in last 6 trading days, wiping out $2.6 trillion.
I warned you guys before. https://t.co/nLmkFZO2Xw
Nasdaq is now down 6.67% in last 6 trading days, wiping out $2.6 trillion.
I warned you guys before. https://t.co/nLmkFZO2Xw
Very few people are asking this question.
What if $BTC is not lagging but leading?
Since March 2024, there has been one clear pattern.
Whenever Bitcoin has formed a local top, Nasdaq has done the same within 1-4 weeks.
This happened in March 2024, Jan 2025, October 2025, and Jan 2026.
Last month, Bitcoin formed a local top on May 6th and is down 16% since then.
If history is anything to go by, stocks could also enter a correction in the coming weeks.
Crypto market cap dropped under $2.2T🩸
we're back to 2024 levels
$SOL and $ETH are even lower than they were back then
green days will come again. stay strong my friends... https://t.co/6HQQiksGD2
This is Bitcoin relative to the S&P 500 (IBIT/SPY).
Using $IBIT here instead of $BTCUSD gives an interesting view.
It shows that Bitcoin is trying to rally on the lows of the ratio from January 2024, shortly after the spot Bitcoin ETF was listed.
Time for some outperformance? https://t.co/LH0efij6sC
Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.