This is the moment when the Bitcoin bull market begins
The BTC/Nasdaq ratio is down 64% from its 2025 peak, the same pattern as in 2018 and 2022.
Currently, BTC/Nasdaq is up 15% from the bottom, but this cannot be seen as a change in trend.
As long as it remains below the 3.0 level, Bitcoin will continue to underperform.
But once BTC/Nasdaq breaks above 3.0, Bitcoin will start to lead the market.
The BTC/Nasdaq ratio is down 64% from its 2025 peak, the same pattern as in 2018 and 2022.
Currently, BTC/Nasdaq is up 15% from the bottom, but this cannot be seen as a change in trend.
As long as it remains below the 3.0 level, Bitcoin will continue to underperform.
But once BTC/Nasdaq breaks above 3.0, Bitcoin will start to lead the market.