According to @CryptoMichNL, both the Nasdaq and $BTC dropped after the FOMC meeting, flushing late long positions. Source: @CryptoMichNL on X, Dec 11, 2025. He reports the Nasdaq has fully reversed that move back to 25,700, while $BTC remains $2,500–$3,000 below that reference level. Source: @CryptoMichNL on X, Dec 11, 2025. He highlights this as a divergence between the Nasdaq and Bitcoin price action. Source: @CryptoMichNL on X, Dec 11, 2025. He expects a quick move higher in Bitcoin after the U.S. market open, either today or tomorrow. Source: @CryptoMichNL on X, Dec 11, 2025.

According to @CryptoMichNL, risk-on longs have not been rewarded across markets recently, underscoring weak performance in high-beta assets. Source: @CryptoMichNL on X, Nov 25, 2025. He notes a divergence where the Nasdaq shows resilience while BTC fails to follow through, indicating soft crypto momentum and caution for adding risk. Source: @CryptoMichNL on X, Nov 25, 2025. He adds that better conditions will take time, suggesting a patience-first stance for BTC positioning until clear confirmation emerges. Source: @CryptoMichNL on X, Nov 25, 2025.