Negative Skew
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'Negative Skew': What It Is, Why It's Frustrating Bitcoin Bulls, and Why It Might Mean a Bottom is Near
Yahoo Finance· 2025-11-16 01:00
For months now, bitcoin has followed a frustratingly familiar pattern for the bulls: seemingly over-correlated with the Nasdaq 100 when that stock gauge headed lower, but losing nearly all correlation when the leading tech index moved higher. This week proved no different, with the Nasdaq tumbling on 2% on Thursday and bitcoin plunging twice as much. Friday then brought a modest rally for tech stocks, one that bitcoin didn't come close to matching. Headed into the last 6 six weeks of 2025, year-to-date g ...