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Published 9 Nov 2026, 18:50 UTC · fetched 9 Nov 2026, 18:57 UTC
Gaijin
@Gaijin165
In reply to · 9 Nov 2026, 18:44 UTC · context given to the AI
The #Bitcoin and #Crypto markets have seen a strong correction over the past weeks. Why was this taking place? The correlation with the underlying technology stocks is significant. If the Nasdaq goes down --> #Bitcoin goes down. If the Nasdaq bounces up --> #Bitcoin tends to go back up too. That's what we've seen happening, in which, from a technical standpoint, a lot of liquidity has been taken on recent lows of the Nasdaq, resulting in a strong push today. It's very likely that a similar outcome will occur for Bitcoin.@CryptoMichNL the bounce on nasdaq is the best thing that could’ve happened for btc rnView original on X ↗
Deterministic: the same prices and policy always give the same result
pending Matures 2026-11-10T18:50:22.000Z
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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