A great representation of the current status of the markets for
#Bitcoin .
Technically, we can all argue that
#Bitcoin is correlated with the Nasdaq.
Nasdaq has been showing resilience, Bitcoin has not.
That creates mispricing and a divergence.
That's why $100K is around the corner for Bitcoin and that's also why the 4-year cycle thesis is entirely fugazi.
Recently, the markets have seen a massive crash where Bitcoin has suffered a correction from $115K to $80K in just two weeks.
Beta means: high volatility, high beta stocks, basically tech stocks that are moving the markets.
Quality means: