If NASDAQ revisits summer lows, $BTC follows. Simple as that.
Risk assets move together when macro tightens. Tech bleeds, crypto bleeds harder. We've seen this script before — correlation spikes when liquidity drains. Summer lows aren't ancient history; they're a structural floor that could get tested again if equities roll over.
Chart-wise, $BTC holding above those levels would be bullish divergence. Breaking below? That's confirmation we're in a deeper reset. Watch NQ futures and liquidity conditions. When they crack, Bitcoin doesn't get a pass.
Cycle math says we're still mid-game, but short-term price action is married to macro. If NASDAQ folds, Bitcoin folds with it. Don't fight the correlation when it's this tight.
Risk assets move together when macro tightens. Tech bleeds, crypto bleeds harder. We've seen this script before — correlation spikes when liquidity drains. Summer lows aren't ancient history; they're a structural floor that could get tested again if equities roll over.
Chart-wise, $BTC holding above those levels would be bullish divergence. Breaking below? That's confirmation we're in a deeper reset. Watch NQ futures and liquidity conditions. When they crack, Bitcoin doesn't get a pass.
Cycle math says we're still mid-game, but short-term price action is married to macro. If NASDAQ folds, Bitcoin folds with it. Don't fight the correlation when it's this tight.