Bitcoin and Nasdaq Composite: A Lot in Common!

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This Morgan Stanley Research Chart overlays the historical price of the Nasdaq Composite and Bitcoin. Although over two different time spans, the chart is pretty telling. Is Bitcoin doomed to keep following in the footsteps of what happened to Nasdaq? Or will it defy this chart and go higher?

Source: Economy and Markets

Bitcoin and Nasdaq Composite: A Lot in Common! | Ecency