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BTC $77,611.38 +1.78%
ETH $2,332.23 +2.66%
BNB $626.49 +0.75%
XRP $1.39 +0.87%
SOL $84.90 +1.80%
TRX $0.3229 -0.23%
DOGE $0.1103 +11.74%
ADA $0.2516 +2.47%
BCH $454.09 +1.60%
LINK $9.35 +1.69%
HYPE $40.29 +0.56%
AAVE $96.92 +0.46%
SUI $0.9298 +1.05%
XLM $0.1629 +0.41%
ZEC $334.35 -0.08%

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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