BTC $63,771.57 +1.24%
ETH $1,863.10 +0.19%
BNB $590.50 +1.11%
XRP $1.07 +0.34%
SOL $73.55 +0.87%
TRX $0.3287 +0.92%
DOGE $0.0703 +0.57%
ADA $0.1948 +4.99%
BCH $212.79 +1.07%
LINK $8.18 -1.21%
HYPE $54.23 +3.95%
AAVE $92.40 +1.33%
SUI $0.6951 +1.18%
XLM $0.1706 -0.46%
ZEC $484.04 +1.49%
BTC $63,771.57 +1.24%
ETH $1,863.10 +0.19%
BNB $590.50 +1.11%
XRP $1.07 +0.34%
SOL $73.55 +0.87%
TRX $0.3287 +0.92%
DOGE $0.0703 +0.57%
ADA $0.1948 +4.99%
BCH $212.79 +1.07%
LINK $8.18 -1.21%
HYPE $54.23 +3.95%
AAVE $92.40 +1.33%
SUI $0.6951 +1.18%
XLM $0.1706 -0.46%
ZEC $484.04 +1.49%

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

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).

app_icon
ChainCatcher Building the Web3 world with innovations.