Odaily Planet Daily News 🌟 Crypto analyst PlanB shared an interesting observation on platform X: Bitcoin's monthly returns do not follow a normal distribution! This means that Bitcoin's price movements may be more volatile and unpredictable than traditional financial assets. 📈
From historical data, once Bitcoin reaches a new high (for example, the predicted closing price of $96,000 in November), it often continues to hit more historical highs (ATH). This adds a touch of optimism to Bitcoin's future performance. 🚀
Although the overall market is neutral, Bitcoin's potential remains promising!