$BTC already ate its bear market lunch while stocks are still sitting at the table.
$BTC dumped 53% from the top, bottomed in June, and rallied 25% since then. Meanwhile, Nasdaq is down 6% over the same period.
Now $BTC is testing its 200-day MA. If it holds, this is just a correction in a bull market. If it breaks, different story.
The divergence is real. $BTC front-ran the pain, stocks are still digesting theirs.
$BTC dumped 53% from the top, bottomed in June, and rallied 25% since then. Meanwhile, Nasdaq is down 6% over the same period.
Now $BTC is testing its 200-day MA. If it holds, this is just a correction in a bull market. If it breaks, different story.
The divergence is real. $BTC front-ran the pain, stocks are still digesting theirs.