BREAKING: ๐บ๐ธ Nasdaq just gave its highest daily and weekly close ever in HISTORY.
Back in April 15, 2025, Nasdaq was trading near 18,800 in full panic mode over the "death cross" and Trump tariffs.
I posted at the time: Don't get confused by the death cross. The Nasdaq can deliver a sharp V-shaped recovery. I was bullish when many were calling for a 1929-style stock market depression.
From that post,
$NDQ has jumped 55% from 18,000 to 29,200 in the last 13 months, even though we had a massive crash during the US-Iran war.
I later posted the Nasdaq target of 27,000
x.com/ashcrypto/status/19458โฆ
This is your lesson to never trust the MEDIA/NEWS and never ignore the fundamentals. Buying fear will always make you the most money in the long term.
I was wrong about Bitcoin. It was following and reacting to stock market moves until the Oct. 10 flash crash. Since then the market feels different and nothing makes sense. Historically, with stocks at new ATHs, BTC should be trading above $100k right now.
Death cross is a bearish event but in the last 4 out of 5 death crosses, Nasdaq recovers and makes new highs.
This time Nasdaq already gave 26% correction and we can see a V-shape recovery as well.
Resistance: MA200 at 20,461 will be major resistance and breakout above it will boost market again.
Market is highly volatile due to Trump Tariffs. Tariff negotiations FED intervene can give a relief to Nasdaq and vice versa if both delay.