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BTC $71,847.52 +1.19%
ETH $2,194.46 +0.45%
BNB $604.04 +0.44%
XRP $1.35 +0.55%
SOL $83.61 +1.33%
TRX $0.3200 +0.79%
DOGE $0.0927 +0.51%
ADA $0.2551 +1.88%
BCH $443.78 +0.66%
LINK $9.00 +1.50%
HYPE $39.54 +2.22%
AAVE $91.17 -0.50%
SUI $0.9355 +2.41%
XLM $0.1554 -1.52%
ZEC $368.80 +14.06%

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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