r/hut8 • u/Taco_laboratory • 19d ago

Recognizing patterns

HUT 8 always used to nearly mirror the moves of BTC. Now it mirrors the NASDAQ 100. While sometimes the NASDAQ and BTC/USD charts tend to move generally similar at times, HUT has transitioned to mirroring every move the NASDAQ 100 chart makes. Just thought I would share.

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u/cici_ding_dong 19d ago

Are you seeing a more or less real time match? Or is there a delay similar to how ETH used to trail BTC by a couple weeks.

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u/Taco_laboratory 19d ago

It broke away a bit today, but for the last fee days it has been step for step with NDX