Thomas Perfumo: Buying below Bitcoin's 200 week moving average, with a historical median return rate exceeding 113%
According to CoinDesk, Kraken Chief Economist Thomas Perfumo stated that the historical median return rate of Bitcoin bought below the 200 week simple moving average has performed well, with a one-year median return rate exceeding 113% and a two-year median return rate of 313%. The median payback time is two days, and the maximum one-year median drawdown is 9%.