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BTC $78,483.42 +0.57%
ETH $2,313.07 +1.02%
BNB $619.08 +0.34%
XRP $1.39 +0.43%
SOL $84.30 +0.87%
TRX $0.3307 +1.20%
DOGE $0.1083 -0.95%
ADA $0.2511 +1.02%
BCH $446.45 -1.10%
LINK $9.18 +0.81%
HYPE $41.43 +1.24%
AAVE $93.16 +1.07%
SUI $0.9268 +0.64%
XLM $0.1601 -0.10%
ZEC $386.80 +0.48%

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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