$BTC RSI versus $QQQ just hit the highest level since November 2024.
That escalated fast.
Bitcoin is outperforming tech on a relative strength basis—momentum divergence getting extreme. When $BTC runs this hot compared to Nasdaq, it usually means either crypto is about to rip faces off or we're near a local top where rotation happens.
Watch for mean reversion. If $QQQ catches a bid and $BTC stalls, that RSI gap closes hard. If $BTC keeps ripping and drags everything with it, we're in full risk-on mode.
Short-term: overbought doesn't mean reversal yet, but it does mean risk/reward is shifting. Don't chase here without a plan.
That escalated fast.
Bitcoin is outperforming tech on a relative strength basis—momentum divergence getting extreme. When $BTC runs this hot compared to Nasdaq, it usually means either crypto is about to rip faces off or we're near a local top where rotation happens.
Watch for mean reversion. If $QQQ catches a bid and $BTC stalls, that RSI gap closes hard. If $BTC keeps ripping and drags everything with it, we're in full risk-on mode.
Short-term: overbought doesn't mean reversal yet, but it does mean risk/reward is shifting. Don't chase here without a plan.