THE HISTORY OF #BITCOIN'S SHOCKS 1/ Below, a study of downside volatility (isolated from upside) and all the single-day events that traded above 4 standard deviations of downside returns. These are the most extreme tails of negative performance in the history of bitcoin, totaling 29, mostly concentrating in 2011 and 2013, and unseen since 2022. This is the full list of what happened in each, per ChatGPT. Brings back the memories.(David Puell)