"Negative Slope in Bitcoin and Market Dynamics"

Bitcoin and Negative Slope

For a long time, Bitcoin has shown a greater decline than the Nasdaq on risk-off days, while gaining less value than the Nasdaq on risk-on days. This situation is referred to as 'negative slope' in financial markets.

The negative slope observed in recent months has reached levels not seen since the lows of the bear market at the end of 2022. This situation paints a concerning picture, especially for Bitcoin investors.