Bitcoin price holding up relatively well over present correction compared to the months before

Bitcoin-price-holding-up-relatively-well-over-present-correction-compared-to-the

Bitcoin's price has been holding up relatively well since the start of the present correction after Aug 13:

Bitcoin:          -22%
Nasdaq-100: -17%

From one month ago, it looks even better:

Bitcoin:           -11%
Nasdaq-100: -12%

It looked much worse at times this year when bitcoin's price dropped much faster than the Nasdaq-100.

This does, of course, not mean all is good, just that prices may be dropping less fast compared to the Nasdaq-100 than previously. Further, it is just a snapshot in time, and as we know things can change fast. 

Markets are not in a good place currently, and if you were to ask me, it is more likely than not that the bitcoin bottom is not in yet.

So this post is more to give some perspective on what has been happening over the last weeks price-wise and that things could be worse.