Bitcoin: Correlation Swaps to Gold from Nasdaq

Bitcoin correlation dynamics have flipped since March, with the 90-day reading versus Nasdaq-100 dropping to 0.22 from 0.57 and versus gold climbing to 0.57 from 0.21, according to Glassnode data posted September 7, 2026.

Price action at $79113.82 sits just above the EMA50 at $79051.9 while the EMA200 at $73668.24 anchors the broader bullish structure; the MACD death cross at 90.41 signals fading momentum even as RSI at 45.06 stays neutral, suggesting BTC price prediction models must now factor gold correlation analysis over tech beta amid shifting crypto market dynamics.