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BTC $65,665.75 -1.00%
ETH $1,792.64 -0.20%
BNB $604.66 -2.13%
XRP $1.22 -1.66%
SOL $73.51 -0.51%
TRX $0.3167 -0.35%
DOGE $0.0871 -1.06%
ADA $0.1722 -3.35%
BCH $215.23 -4.04%
LINK $8.27 -0.38%
HYPE $73.62 +9.83%
AAVE $75.86 +2.71%
SUI $0.7975 +0.59%
XLM $0.2169 +1.53%
ZEC $504.43 -2.69%

Cryptanalysis Analyst: Bitcoin's monthly returns do not follow a normal distribution and usually continue to reach new highs after hitting a peak

2024-12-04 19:54:46
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ChainCatcher message, crypto analyst PlanB stated that Bitcoin's monthly returns do not follow a normal distribution. Historically, when Bitcoin reaches a new high (such as the closing price of $96,000 in November), it often continues to create more historical new highs (ATH).

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