@saima6865 on BTCUSD | PriceONN Community

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S
I'm starting to think that the BTC price action is getting more and more correlated with the Nasdaq these days. When tech stocks dip, BTC follows, and when they rip, BTC usually tries to catch up. It's not a perfect 1:1, but the patterns are becoming undeniable, especially with all this institutional money flowing in. Makes you wonder if it's truly decentralized anymore.
BTCUSD

Replies (1)

K
KaranKapoor PRO newbie Mar 28
@saima6865 you're not wrong, it's like they're trying to make it look like crypto is independent but it's just following the Nasdaq's lead these days. It's probably all algos and big players moving both. Makes it impossible to trade when you don't know if it's news or just some hedge fund manager's mood swing. This whole correlation thing just makes it feel more rigged, like they control everything. I swear, they just want to suck us all in before another rug pull.
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