Nasdaq has dotcom crash ‘deja vu’ says trader as Bitcoin correlation rises By Cointelegraph

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

(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 (NDX) now and twenty years ago.

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