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Analyst: Bitcoin no longer relies on halving cycles, those predicting Q4 peak prices may have a misunderstanding of probabilities
Summary: According to Cointelegraph, crypto analyst PlanC stated on X platform that anyone predicting Bitcoin will reach peak prices in the fourth quarter of this year does not understand statistics or probabilities. From a statistical and probability perspective, this is akin to flipping a coin and getting tails three times in a row, then betting all ...
According to Cointelegraph, crypto analyst PlanC stated on X platform that anyone predicting Bitcoin will reach peak prices in the fourth quarter of this year does not understand statistics or probabilities. From a statistical and probability perspective, this is akin to flipping a coin and getting tails three times in a row, then betting all your money that the fourth flip will also be tails. However, relying on the previous three halving cycles may not provide enough...
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Link: Analyst: Bitcoin no longer relies on halving cycles, those predicting Q4 peak prices may have a misunderstanding of probabilities [Copy]