Collected source record

Nasdaq is halfway to a 20% drop, but $BTC is nowhere near the $10K bears warned of "Nasdaq entered correction territory today, more than 10% below its recent high." "We've long…

Scott Melker
Published: 2026-11-06 15:26 UTC
Collected: 2026-11-06 15:40 UTC
Original language: Not supplied by source

Original source excerpt

Nasdaq is halfway to a 20% drop, but $BTC is nowhere near the $10K bears warned of "Nasdaq entered correction territory today, more than 10% below its recent high." "We've long been having a convers…

Nasdaq is halfway to a 20% drop, but $BTC is nowhere near the $10K bears warned of "Nasdaq entered correction territory today, more than 10% below its recent high." "We've long been having a conversation, especially once again to Mike McGlone, about what happens if the Nasdaq goes down 20%. Well, the Nasdaq is down 10% and we're still 17 or $18,000 above Bitcoin's low." "The case that the Nasdaq or the market dropping 20% would send Bitcoin to $10,000, to me, or something way lower right now does not make any sense because we're halfway there."

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