An investor who correctly predicted the 2022 crypto bottom believes the crypto market is likely preparing to follow in the footsteps of the stock market bull. Placeholder partner Chris Burniske made the observation that cryptocurrencies often rise when the Nasdaq 100 Index (NDX) takes a breather. He cited data from Glassnode founders Jan Happel and Jan Allemann, who noted that since 2019, Bitcoin (BTC) has shown strong growth after the NDX stalled. Happel and Allemann wrote that Bitcoin outperformed the NDX in May 2019 after the index showed signs of bullish exhaustion. The co-founders of Glassnode added that a similar case occurred in 2020. According to Allemann and Happel, Bitcoin is now inches away from surpassing the NDX again as the index is close to a local high.#BTC #NDX