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Bitcoin Hits New High – Data Shows Strong Growth Momentum

Dec 19, 2024
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According to Ecoinometrics, when Bitcoin Sets a New All-Time High (ATH):

  • The average return in the following 3 months is +46%.
  • The median return is +39%.

🔍 Comparison with Periods Without an ATH:

  • The average return is only +23%, and the median return is +9%.

 

📊 Observations:

Bitcoin's new high is typically accompanied by strong short-term bullish momentum. This is important data for investors to consider when making their next decisions.

 

#COINMAP

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