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$BTC Correlation to the Nasdaq just flipped to +0.72 from -0.87 in the matter of days last week.
That's the difference between trading like a complete hedge/inverse and trading like a high beta tech stock. Right now we're back to the middle on the 4H timeframe.
BTC has clearly not been "correlated" at all since most of 2025 frankly. It goes through these small periods of high and low correlation, and it is still true that the biggest monthly timeframe trends at remain the same. But 2026 already showed you that BTC can move on its own for multiple months. We have seen this the other way around too.
$BTC
{spot}(BTCUSDT)