Summary
Bitcoin has rebounded 47% from its July low, but remains at historically volatile levels.
Binance Research noted that four out of five rebounds from shallow drawdowns retested their lows.
Bitcoin's median gain in October is 12.73%, but so far this month it has risen just 2.23%.
Original article by Kamina Bashir at jp.beincrypto.com: Can Bitcoin's 47% rebound hold? A look at the data from Binance Research
Bitcoin has rebounded 47% from its July low, but remains at historically volatile levels.
Binance Research noted that four out of five rebounds from shallow drawdowns retested their lows.
Bitcoin's median gain in October is 12.73%, but so far this month it has risen just 2.23%.
Original article by Kamina Bashir at jp.beincrypto.com: Can Bitcoin's 47% rebound hold? A look at the data from Binance Research