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BTC as expressed in the NASDAQ
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BTC as expressed in the NASDAQ
usernamefortradingview의
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2022년 4월 14일
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2022년 4월 14일
There have been many claims around BTC being correlated to the NASDAQ and I think it's a matter of timeframe.
Let's express BTC in NASDAQ and make some observations:
Certainly, during the past year of 2021, yes, BTC has been tightly correlated to the NASDAQ - the graph is practically flat.
But looking at larger timescales; such as 2-5 years, BTC has massively outperformed the NASDAQ.
The trend appears to be up and to the right.
BTC/NASDAQ is currently on the low-end but the trend has not been broken.
Since end of January 2022, the NASDAQ has been suffering while BTC has been climbing up slowly.
We might be witnessing the early stages of a decoupling between the NASDAQ-BTC again, as has happened before in Q1-Q4 2017, Q1-Q2 2019, Q3-Q4 2020.
Bitcoin (Cryptocurrency)
BTC
nasdaq
Trend Analysis
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