Analysis: BTC Registers Third Largest Underperformance Relative to Nasdaq in History, Previous Two Instances Preceded Strong Independent Rallies

BlockBeats News, August 30th, Analyst Rekt Fencer released a BTC vs. Nasdaq 3-Day Ratio Chart, marking three significant pullbacks: around -84.9% in 2018, around -80.7% in 2022, and the current around -54.3% in 2026. Rekt Fencer stated that after the first two times Bitcoin lagged so significantly behind Nasdaq, it experienced very strong independent rallies, with prices subsequently surging in a straight line. With the ratio plunging significantly again, history may repeat itself for the third time, indicating that the bottom is near and BTC will soon regain strength.