Four Days Can Make or Break Bitcoin's Monthly Gains
Bitcoin commentator Quinten Francois has highlighted the impact of just a few strong trading days on the cryptocurrency's monthly returns. In a recent post, Francois showed how removing the four best-performing trading days from a month can significantly reduce its overall return. This phenomenon is evident in a chart comparing Bitcoin's monthly returns with those same returns minus the top four performing days.
The chart illustrates the concentrated gains and high volatility that are hallmarks of crypto markets. As Francois pointed out, just a few strong trading days can make up most of BTC's gains in a month. This has direct implications for investor strategies, trading on DEX/CEX, and risk management.