What happens to Bitcoin if the Nasdaq falls further?

Bitcoin held above $60,000 over the weekend, recovering 6.5% from a local low near $59,100 to an intraday high around $62,950. The rebound followed the Nasdaq Composite's 4% plunge on Friday, its steepest one-day drop since April 2025. Analyst Filbfilb highlighted Bitcoin holding above its 200-week SMA near $61,880, with the 50-week SMA near $92,630 as the next upside target. The Nasdaq may fall another 10.75% toward 22,905 if its weekly RSI fractal repeats.