Bitcoin historical price metric sees $122K 'average return' over 10 months
A historical price metric for Bitcoin indicates that the cryptocurrency has an average return of $122,000 over a 10-month period. This metric highlights Bitcoin's potential for significant appreciation, particularly for investors who hold the asset for extended durations. The analysis suggests that despite market volatility, long-term holders may benefit from substantial gains. The findings could influence investment strategies as traders assess the timing of their Bitcoin purchases. Overall, the data reinforces the notion of Bitcoin as a long-term investment opportunity.
Read the full article: Coin Telegraph