The Nasdaq Index Has Risen for 12 Consecutive Days, What Does That Mean for $BTC?

We only see this happen a few times.
What does that mean for $BTC?
Why $BTC isn’t rising sharply like that?
#Bitcoin has definitely been broken and lost its original premise!
In this article, I will present some statistical data about what I predict is likely to happen.

There are only a few times we see the Nasdaq surge like this, while Bitcoin is a relatively mature asset:

• July 2013
• July 2017
• Currently
  That doesn’t provide many examples, although we can consider the framework around both assets.
  If you only analyze those moments, the results will be very impressive.
  2013: $BTC increased 1000% after six months.
  2017: $BTC increased 400% after six months.
  That is not the focus of this post and the awareness I want to provide in this update.
  Bitcoin is a high-beta asset and riskier than the Nasdaq.
  I want to clarify that statement.
  Basically, Bitcoin is the best store of value we have ever had.
  That doesn’t mean it behaves that way in terms of price volatility. In fact, volatility has been significantly higher over time, and traders/investors need to price that volatility.
  If one asset is riskier than another, then:
• If there is global instability --> the riskier asset will be sold off the fastest.
• If there is more certainty globally --> the riskier asset will be bought later.
  For example:
  Gold experienced a strong rally in Q4 2025 and Q1 2026. As a result, other assets in the same group had to be sold off due to gold’s volatility.
  Therefore, Bitcoin dropped sharply in January/February to hedge against volatility risk.
  Additionally, we saw oil prices spike, causing the Nasdaq to follow Bitcoin’s path.
  Currently, we see that Bitcoin isn’t rising sharply with the Nasdaq as it should, and that is entirely due to the nature of this asset itself.
  Let’s look at recent Nasdaq rallies:
• Q4 2020: $NQ increased 15%
• Q1 2023: $NQ increased 20%
• Q4 2023: $NQ increased 15%
• Q1 2024: $NQ increased 12%
  In all these events, Bitcoin also increased.
  What is the difference? There is an average lag of 2-3 weeks, after which it moves with a much higher beta coefficient.
• Q4 2020: Bitcoin rose from $10,000 to $29,000
• Q1 2023: Bitcoin rose from $16,000 to $28,000
• Q4 2023: Bitcoin rose from $27,000 to $44,000
• Q1 2024: Bitcoin rose from $42,000 to $73,000
  Bitcoin’s growth performance significantly outperforms the Nasdaq with an average beta of 4-6 times.
  However, it needs more certainty to grow in the same direction as the Nasdaq.
  In summary, I will not take a short position in the market.
  With everything that has happened; Gold, Oil, Nasdaq, and now Bitcoin, I believe Bitcoin is severely undervalued across the asset basket and is likely to increase in value.
  My basic scenario is that we will see a rally to the $85,000–$88,000 level as a first test, but if the Nasdaq continues to rise, I wouldn’t be surprised if we see BTC heading toward its all-time high in Q4 2026.