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via BeInCrypto · By BeInCrypto Editorial

Cowen’s New Bitcoin Model Warns Traders: Moonshot Targets are Fading

BTC

BTC/USDT

$63,678.01

+2.69%

$63,678.01

+2.69%

(24s)

24h Volume

$24,442,168,506.64

24h H/L

$64,700.00 / $61,306.84

Change: $3,393.16 (5.53%)

Long/Short

64.5%

Long: 64.5%Short: 35.5%

Funding Rate

+0.0059%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,178.01

▼ -1.35%

Volume (24h): -

Resistance Levels

Resistance 3$67,369.22

Resistance 2$65,555.39

Resistance 1$63,798.97

Price$63,178.01

Support 1$61,912.75

Support 2$57,800.19

Support 3$50,986.64

Pivot (PP):$63,430.67

Trend:Downtrend

RSI (14):49.6

BeInCrypto Editorial

(03:29 PM UTC)

1 min read

Reviewed byDavid Kim

1116 views

0 comments

A new Bitcoin price model from quantitative analyst Benjamin Cowen places a statistical bound on the asset’s diminishing returns. The work shows that Bitcoin’s price distribution is flattening faster at its ceiling than at its floor.

The paper, titled Asymmetric Tail Curvature in Bitcoin Price Quantiles, builds on the broader Bitcoin price model literature. It challenges famous frameworks that…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

BeInCrypto Editorial · BeInCrypto

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