Bitcoin is on the verge of a massive rebound. Changes on the Nasdaq scale are about to take place.

After several weeks of high-level market conditions, market sentiment is beginning to show signs of turning around. Analysts believe that a full-scale market reset may be underway, and this could not only lead to a recovery for Bitcoin, but also potentially result in a further strong rebound. As macro pressures such as inflation expectations and liquidity issues begin to ease, funds are shifting from “fear-based avoidance” to “selective risk-taking”. If this trend continues, Bitcoin could not only recover first, but might also outperform NASDAQ and gold, reclaiming its leading position among global risk assets.

Common Questions ⏤

● Why does Nigel Green believe that Bitcoin could surpass NASDAQ and gold?

He believes that Bitcoin has already absorbed more of the impact of the reset, and its upside potential is greater when investors’ risk tolerance returns.

● What caused the recent decline in Bitcoin prices?

Green attributed the decline to forced liquidations related to deleveraging, as well as open positions that failed to close due to collapse.

● How much does Bitcoin’s volatility compare to that of tech stocks?

Green pointed out that Bitcoin reflects changes in NASDAQ, but on a much larger scale.

● What market changes are needed for Bitcoin to rebound?

Even slight alleviation of macro pressures and a shift towards selective risk-taking could trigger a strong reaction in Bitcoin prices.

As volatility clears the path for a rebound, there is significant room for Bitcoin to rise further. According to Nigel Green, CEO of the international financial consulting firm Devere Group, the decline in Bitcoin’s price may lead to a stronger rebound. He believes that if investors return to risk-taking after the slump caused by leverage, Bitcoin could surpass NASDAQ and gold in value. He made this comment during a time when the cryptocurrency market was experiencing significant adjustments.

Green explained, “Bitcoin has undergone more severe adjustments compared to stocks or gold.” He pointed out that BTC “is becoming more of a leading indicator for broader risk assets, especially U.S. tech stocks.”

In recent months, NASDAQ’s movements have been reflected in Bitcoin’s price actions, but the fluctuations have been much greater both upwards and downwards.

“Bitcoin simply reflects NASDAQ’s movements exaggeratedly. A 4% pullback in tech stocks translates into nearly 30% adjustments in Bitcoin. This relationship indicates the level of risk sensitivity involved,” the executive explained. His remarks also touched on the mechanisms behind selling off assets, noting that these are driven by forced liquidations and collapsed open positions. “The adjustments caused by deleveraging are uncomfortable, but they are constructive. They clean up the market, reduce vulnerability, and reset the market in a way that allows true demand to re-emerge.”

He also pointed out that the overall market conditions are improving. “When macro pressures begin to ease, Bitcoin usually responds sharply,” Green said. He emphasized that “perfect conditions aren’t necessary. What’s needed is a shift from fear to selective risk-taking.” Market dynamics have also changed the relative performance of various assets. “Gold plays a role during times of uncertainty, but during periods of recovery, investors seek gains rather than safe havens,” he added. In this context, Bitcoin seems more suitable for growth-oriented assets. However, its scarcity characteristic is something that tech stocks and gold cannot replicate completely. Green stressed that despite the volatility, investors remain persistent. “The market has been calibrated around volatility, not abandoned. The underlying demand structure still exists.” Devere executives concluded by saying that the depth of technological changes and adjustments has strengthened Bitcoin’s position. They noted that Bitcoin has already borne more of the burden compared to NASDAQ or gold during downturns. When risky assets start to recover after these adjustments, Bitcoin will have strong reasons to outperform both in the coming weeks.