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THIS IS EXACTLY WHEN BITCOIN BULL RUN STARTS
BTC/Nasdaq ratio dropped 64% from its 2025 peak, the same dump that happened in 2018 and 2022.
Right now, BTC/Nasdaq is up 15% from its bottom, but this can’t be considered a trend change.
As long as this stays below the 3.0 level, Bitcoin will continue to underperform.
But once BTC/Nasdaq breaks above 3.0, BTC will start to lead the market.