BTC Lags Behind Nasdaq Significantly, History May Repeat with Strong Rally
On August 30, analyst Rekt Fencer released a chart showing the BTC to Nasdaq 3-day line ratio, highlighting three significant pullbacks: approximately -84.9% in 2018, about -80.7% in 2022, and currently around -54.3% in 2026. After the first two instances of Bitcoin lagging significantly behind the Nasdaq, there were strong independent rallies, with prices subsequently surging. The current ratio has again dropped sharply, and history may repeat for the third time, with the bottom nearing, suggesting that BTC will strengthen again soon.
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