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The performance gap between $QQQ and $BTC is widening again, and this time more dramatically.
Usually BTC and QQQ are mostly correlated until recently. Something has to give. Will QQQ go down to play catchup? Will BTC go up to play catchup? Will it be a blend of both? Source: Heisenberg @Mr_Derivatives
The "debasement trade", the decline in the purchasing power of USD, in one chart since 2020:
Bitcoin: +1400% Silver: +182% Nasdaq 100: +176% Gold: +166% S&P 500: +102% In gold: NDX +4%, SPX -24% In Bitcoin: NDX -84%, SPX -89% Source: Global Markets Investor @GlobalMktObserv
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