There have been unusual behaviors between the NQ and BTC, which are normally highly correlated assets. However, this year the April dump on the NQ pushed the price down to the Q2 2024 low and came very close to the overall 2024 low — it missed it by only about 300 points. Bitcoin, on the other hand, wasn’t even close to its Q2 2024 low: the price dropped to $74,500, while the Q2 low sits at the $49,000 level.
On the flip side, the current 6-month candle on the NQ is still strongly bullish (as of November 20, 2025), while BTC’s 6-month candle is already strongly bearish. It opened at $107,000, and yesterday’s low (November 19) was $88,500 — meaning it would take a significant move for Bitcoin to close the half-year candle in the green, especially with less than six weeks left until the end of the year.
I’m very curious to see how the year closes out. Personally, I remain on the bearish side and have been shorting the market since $124,500 on BTC, adding to the position again at $115,500 and $107,300.
Greetings to all.
On the flip side, the current 6-month candle on the NQ is still strongly bullish (as of November 20, 2025), while BTC’s 6-month candle is already strongly bearish. It opened at $107,000, and yesterday’s low (November 19) was $88,500 — meaning it would take a significant move for Bitcoin to close the half-year candle in the green, especially with less than six weeks left until the end of the year.
I’m very curious to see how the year closes out. Personally, I remain on the bearish side and have been shorting the market since $124,500 on BTC, adding to the position again at $115,500 and $107,300.
Greetings to all.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.