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What are the implications of a high or low z score for bitcoin investors?

avatarSimonSongDec 26, 2021 · 3 years ago1 answers

Can you explain the significance of a high or low z score for bitcoin investors? How does it affect their investment decisions and potential returns?

What are the implications of a high or low z score for bitcoin investors?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    The implications of a high or low z score for bitcoin investors are quite interesting. A high z score can indicate that the price of bitcoin is significantly deviating from its average, which may suggest a potential bubble or market manipulation. On the other hand, a low z score suggests that the price of bitcoin is relatively stable and close to its average. This information can be useful for investors in determining the level of risk associated with their investments. It's important to note that the z score is just one factor to consider and should not be the sole basis for investment decisions. Other factors such as market trends, news events, and regulatory changes should also be taken into account.