Technical Price Minus Bestworst 2016 06 01 Price Minus Bestworst 2016 06 01

Bitcoin

This shows Bitcoin's cumulative performance with its single best and worst days removed, illustrating timing sensitivity.

Why it matters

It demonstrates how much of long-run returns concentrate in a handful of extreme days.

Cumulative returns are recomputed after excluding the top and bottom daily moves.

It underscores the risk of market timing — missing a few best days sharply lowers returns, favouring holding.