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I heard that some people trading Bitcoin like to follow the US stock market?
The NASDAQ hits new all-time highs every day, but Bitcoin is still fluctuating.
Just a moment ago, the NASDAQ turned down, and Bitcoin is still fluctuating; what's the logic behind that?
According to conventional wisdom: when US stocks go up, Bitcoin falls, there's no doubt about that!
But this conventional theory was broken in 2024! Everything depends on the phase-specific influencing factors.
Sometimes they rise and fall together, sometimes they move in opposite directions, sometimes they remain indifferent, so don’t overturn the market trend based on your personal logic, or you’ll get hurt badly…$BTC