The $BTC bull run timing comes down to one ratio: Bitcoin vs Nasdaq.
The BTC/Nasdaq ratio just dropped 64% from its 2025 peak — the exact same magnitude we saw in 2018 and 2022 bear cycles. History rhyming again.
Where we are now:
1. The ratio bounced 15% off the bottom
2. But this bounce means nothing yet — not a trend change
3. The key level is 3.0
As long as BTC/Nasdaq stays below 3.0, Bitcoin will keep underperforming tech stocks. It's dead money relative to Nasdaq.
But the moment it breaks above 3.0? That's when $BTC starts leading the market again. That's when the real bull run begins.
Watch 3.0. Everything else is noise.
The BTC/Nasdaq ratio just dropped 64% from its 2025 peak — the exact same magnitude we saw in 2018 and 2022 bear cycles. History rhyming again.
Where we are now:
1. The ratio bounced 15% off the bottom
2. But this bounce means nothing yet — not a trend change
3. The key level is 3.0
As long as BTC/Nasdaq stays below 3.0, Bitcoin will keep underperforming tech stocks. It's dead money relative to Nasdaq.
But the moment it breaks above 3.0? That's when $BTC starts leading the market again. That's when the real bull run begins.
Watch 3.0. Everything else is noise.