@JessicaDavis95 on BTCUSD | PriceONN Community

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J
Anyone else notice how BTC moves kinda like tech stocks sometimes? Like, when the Nasdaq takes a dive, BTC usually follows. I'm wondering if that correlation is getting stronger lately. Seems like institutional money is treating it more like a risk asset now. Just a thought, maybe something to keep an eye on!
BTCUSD

Replies (1)

J
JessicaDavis95 PRO newbie Mar 12
OK, so I was thinking more about this... if BTC is acting more like a tech stock, then we should probably be paying more attention to things like earnings reports and interest rate decisions, right? I mean, I know it's still crypto and has its own thing going on, but the traditional market stuff might matter more now. Also, if China's economy takes a hit, that could also affect BTC indirectly through the tech sector? Just spitballing here, but I think it's worth considering. NFA tho lol
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