'Negative Skew': What It Is, Why It's Frustrating Bitcoin Bulls, and Why It Might Mean a Bottom is Near
Market Intelligence Analysis
AI-PoweredThe article discusses the phenomenon of 'negative skew' in Bitcoin prices, highlighting how Bitcoin tends to decline more sharply in response to falling stock prices while showing less upward movement when stocks rise. This behavior is causing frustration among Bitcoin bulls, but some analysts suggest that it could indicate a potential market bottom is approaching.
Market impact analysis based on bearish sentiment with 74% confidence.
Article Context
If it seems like bitcoin prices react particularly negatively to falling stocks, but don't do a whole lot when stocks fly higher, you're not imagining it.
Analysis and insights provided by AnalystMarkets AI.