Nasdaq & Bitcoin correlation? Could it be an indicator for BTC?

I've been observing some correlation between Bitcoin and Nasdaq. It seems that every time Nasdaq starts to sell off a bit, Bitcoin does as well. Could Nasdaq serve as a possible indicator for Bitcoin? Something to continue to monitor.
Bitcoin (Cryptocurrency)BTCChart PatternsETHEthereum (Cryptocurrency)maticNASDAQ 100 CFDnasdaqNQTrend Analysis

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