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BTC’s third time suffering a large underperformance versus the Nasdaq; both previous instances saw strong independent rallies
On August 30, analyst Rekt Fencer released a BTC-to-Nasdaq 3-day ratio chart, marking three significant drawdowns: approximately -84.9% in 2018, about -80.7% in 2022, and the current roughly -54.3% in
August 31, 2026 12
