Bitcoin's potential breakout against the Nasdaq
Recent reports indicate Bitcoin ($BTC ) is nearing a historic high against the Nasdaq, with the BTC/Nasdaq ratio approaching all-time highs. This occurs despite Bitcoin only experiencing a 6% year-to-date decline, compared to the Nasdaq's 15% drop.
Several sources highlight Bitcoin's outperformance of traditional tech benchmarks since the start of 2025, suggesting a potential shift in market leadership. One analysis shows a trading strategy that leverages this trend outperforming the QQQ ETF (tracking the Nasdaq-100) by 6% in 2025.
While this positive trend is noted, analysts also caution about resistance levels #bitcoin might encounter above $88,000. The situation warrants close monitoring for further developments and potential market shifts.
