Historical data show that such high correlation levels do not continue for a long time and that Bitcoin usually decomposes from Nasdaq after this point. The correlation, which has reached similar levels twice in the past, led to more than 20 %decrease in Bitcoin price in both cases.

Singapore -based Blockchain analysis, MatrixPort, said in his latest assessment that Bitcoin’s correlation with Nasdaq is caused by factors such as re -pricing and global economic uncertainties before the Q1 balance sheet season.

In particular, uncertainties on interest rates and the future monetary policies of the US Federal Reserve (FED) influence both stock markets and crypto currency markets.

In his analysis, MatrixPort said, “Such high correlation levels are historically short -lived and show that the performance decomposition between Bitcoin and Nasdaq may be close,” he said. This indicates that Bitcoin can stop moving with Nasdaq and draw his own way.

The two similar cases in the past, the price of Bitcoin lost more than 20 %value. However, it is not certain when this will happen or whether there is a decrease in the same rate.

Bitcoin’s relationship with stock markets showed significant fluctuations over time. Bitcoin, which exhibited high correlation with technology shares in the 2021 bull market, has greatly lost its relationship due to the interest rate hikes of the FED in 2022 and macroeconomic turmoil.

However, as of 2024, the release of Bitcoin ETFs increased the interest of corporate investor and made the crypto market closely linked to the traditional financial markets.

Investments made through large Bitcoin ETFs such as IBIT have caused a stronger correlation between Nasdaq and Bitcoin.

On the other hand, positive developments for the Bitcoin market are experiencing. Spot Bitcoin Stock Exchange Investment Funds (ETF) has begun to see re -investment entries in recent weeks. This shows that investor confidence has increased and Bitcoin is prepared for the next rise movement.

The price of Bitcoin maintains a critical support point by manages to stay above $ 85,000. Analysts think that the preservation of this level is important for Bitcoin to reach new summits.

10X Research Analyst Markus Thielen said that Bitcoin’s direction change signals have returned to positive in a market assessment of 23 March.

Especially the 21 -day moving average at $ 85.200 offers a technical positive look for Bitcoin. If Bitcoin can maintain these levels, he can start to move independently of Nasdaq and reach new peaks.

However, uncertainties continue in the market. Global economic factors, FED’s interest policies and ongoing regulation debates in the US are among the main factors that will influence Bitcoin’s future movements.

Investors closely follow how to take shape of Bitcoin’s bond with Nasdaq and whether the historical 20 %decline scenario will be repeated.

According to historical data, the high correlation between Nasdaq and Bitcoin is usually temporary. If similar scenarios in the past are repeated, Bitcoin may soon start to act independently of stock markets.

This may cause either a large wave of sales or a new rally if the interest of corporate investor continues.

For now, although Bitcoin’s correlation with Nasdaq seems to have reached the summit, it remains unclear whether this relationship is long -term. Bitcoin’s price movements in the coming weeks will be one of the most important factors to determine whether this separation will be realized.