Bitcoin tests fresh decoupling trade as tech correlation drops to 2018 lows

Take a look at the current market – BTC price is vastly outperforming the tech-heavy Nasdaq index. This is happening amid the US–Iran war. But here’s the thing: its risks of crashing toward $51,000 persist. It’s a complex situation, with multiple factors at play. The US–Iran war is just one of the many factors influencing the market right now. Despite this, the BTC price is holding its own against the Nasdaq index. However, that doesn’t mean it’s completely immune to risk. The possibility of a crash is still very real. And if it does happen, $51,000 is a potential target. It’s a delicate balance, and one that’s being closely watched by investors and analysts alike.

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