By Sahana Vibhute 5 April 2025 | 8:32 pm

Bitcoin Outperforming the Tech Stocks—Is It a Good Sign for the BTC Price Rally?

Bitcoin Breakout Incoming Here are the Next Targets for the BTC Price Rally

The post Bitcoin Outperforming the Tech Stocks—Is It a Good Sign for the BTC Price Rally? appeared first on Coinpedia Fintech News

The Bitcoin volatility has risen over the past few weeks as the price has been fluctuating within a huge range. Despite the bearish interference, the price has been under bullish influence by forming consecutive higher highs and lows. With this, the bullish trajectory for the BTC price remains pretty high, keeping the upper targets at $90,000 activated. Meanwhile, the traders remain uncertain, and as a result, the almost equal liquidity is piling up on either side of Bitcoin. 

The crypto markets have risen above the turbulence caused by Trump’s Liberation Day while Bitcoin displays resilience, hinting towards a potential breakout. After a minor upswing, the bears have begun to actively push the price lower, which has dropped it back below $83,000. This constant shift in the price trend seems to have raised skepticism among investors, due to which the liquidity has accumulated with over 100x leverage at $80,000 and $82,000. 

Interestingly, the data from Coinglass suggests that the volume also has a close match, which suggests a liquidity grab could be on the horizon. 

This piled-up liquidity suggests the possibility of both breakout and breakdown, while the wider market dimensions suggest the bulls are gaining more strength than the bears. Recently, US President Donald Trump announced a massive rise in tariffs on other countries, which was the highest since 1968. The traditional markets tumbled down and experienced a huge pullback not seen since 2020. 

These levels continue to remain deflated while Bitcoin’s price, facing minimal bearish action, has begun to recover. Moreover, the token is breaking out against the Nasdaq 100, which can be considered a strong bullish signal for the entire crypto space. 

Source: X

The chart compares Bitcoin’s performance against the Nasdaq 100, showing the crypto breaking above a key resistance level of around 1.40 in 2021 and 4.50 in 2025. This signals stronger growth relative to tech stocks, suggesting the correlation between Bitcoin and Nasdaq100 has been turning negative since late 2024. This suggests a potential market shift could be on the horizon, which may revive a strong Bitcoin (BTC) bull run above $100K towards new highs.