Bitcoin, November average return 42.49%…historical rise probability 67%

Source
Suehyeon Lee

Summary

  • CoinGlass data said Bitcoin's average November return since 2013 was 42.49%.
  • November was statistically a month with a high probability of rising, with Bitcoin rising 8 times and falling 4 times.
  • Ethereum's November average return was 7.08%, showing a similar pattern to Bitcoin, the report said.
Bitcoin monthly returns/photo=CoinGlass
Bitcoin monthly returns/photo=CoinGlass

Bitcoin(BTC)'s average November return since 2013 has been found to exceed 42%.

According to CoinGlass data on the 1st (local time), Bitcoin's average November return since 2013 was +42.49%, with a median of +8.81%. Over the past 12 years, November recorded 8 rises and 4 declines, statistically appearing as a 'month with a high probability of rising'.

Ethereum(ETH) also showed a similar trend. Since 2016, Ethereum's average November return was +7.08%, with a median of +3.94%. Over the past 9 years, November saw 5 rises and 4 declines, showing relatively stable volatility.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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