Nasdaq has dotcom crash 'deja vu' says trader as Bitcoin correlation rises

Cointelegraph

Published Apr 22, 2022 10:22AM ET

Updated Apr 23, 2022 12:20PM ET

Bitcoin (BTC) and its stock market correlation are under fresh scrutiny amid a warning that the Dotcom Bubble is repeating itself in 2022.

In a tweet on April 22, popular trader Peter Brandt highlighted similarities between the Nasdaq 100 (NDX) now and twenty years ago.

Nasdaq 100 annotated chart. Source: Peter Brandt/ Twitter (NYSE:TWTR)
BTC/USD vs. NDX chart. Source: TradingView

Continue Reading on Coin Telegraph