According to @CryptoMichNL, BTC fell from 115,000 to 80,000 in two weeks, creating a clear divergence versus a resilient Nasdaq and suggesting mispricing in BTC, source: @CryptoMichNL on X, Dec 9, 2025. According to @CryptoMichNL, the factor spread Pure Vol vs Pure Profitability (Beta vs Quality) dropped sharply during the selloff, while high-beta tech stocks have since reversed losses and are grinding higher, signaling renewed risk-on appetite, source: @CryptoMichNL citing @jvisserlabs on X, Dec 9, 2025. According to @CryptoMichNL, because BTC historically aligns more with beta assets, a catch-up move toward 110,000-115,000 is likely as losses get unwound and the 4-year cycle thesis is not a reliable framework, source: @CryptoMichNL on X, Dec 9, 2025. According to @CryptoMichNL, traders should track BTC-Nasdaq correlation and the Beta vs Quality factor as drivers for positioning rather than time-based cycle narratives, source: @CryptoMichNL on X, Dec 9, 2025.