Cycles · BTC
ROI After Bottom (Crypto Pairs)
Each asset's performance against BTC since the November 2022 bottom.
x-axis: days since event
Understanding this chart
Same anchor as the multiple-coins chart, but every line is the asset's BTC pair — above 1× means it beat Bitcoin since the bottom, below means it lagged. This strips out the market's beta and leaves pure relative strength.
Far fewer lines hold above 1× here than on the USD version — the recurring lesson of pair charts. The ones that do are the cycle's genuine outperformers rather than passengers.