"The negative correlation between Bitcoin and the Nasdaq index continues to be evident, indicating that as the stock market experiences fluctuations, Bitcoin's price movements often move in the opposite direction. Historical patterns and trends in market behavior suggest that this ongoing divergence may signal the potential formation of a bottom in Bitcoin's price, where a recovery and upward trajectory could be on the horizon."
source: https://www.coindesk.com/markets/2025/12/04/bitcoin-s-negative-correlation-with-nasdaq-persists-and-history-suggests-a-bottom-may-be-forming