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Martin Leinweber Profile picture
Martin Leinweber
@mleinweber2
Digital Asset Research & Strategy at MarketVector. Author: "Mastering Crypto Assets" Tweets/views are my own and not necessarily MV.
Feb 6 • 8 tweets • 3 min read
Bitcoin is -2.88σ below its 200-day moving average.

In 10 years of data, this has literally NEVER happened before.

Not during COVID. Not during FTX. Never.

I analyzed what this means. The findings are striking.

🧵 Thread with charts ⬇️

@SASchoenfeld @MarketVector @matthew_sigelImage February 5, 2026 hit -6.05σ on the ROC Z-Score.

That's one of the fastest single-day crashes in crypto history:
• COVID crash: -9.15σ
• FTX collapse: -4.07σ 
• Feb 5, 2026: -6.05σ

This wasn't a normal correction. It was a tail event. Image