Bitcoin historical price metric sees $122K 'average return' over 10 months
A recent analysis reveals that Bitcoin has historically shown an average return of $122,000 over a 10-month period following significant price corrections. This metric highlights the potential for substantial gains for investors who buy during downturns. The data suggests that Bitcoin's price tends to rebound strongly after experiencing declines, making it an attractive option for long-term holders. Analysts emphasize the importance of patience and timing in the volatile cryptocurrency market.
Read the full article: Coin Telegraph