Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
rpietila
on 24/04/2014, 15:45:10 UTC
AFAIK, the only model that has some claim to statistical legitimacy is the log-Brownian (or geometric-Brownian) model, which gives a very broad probability distribution, having 50% chance above today's price, 50% below, for any future date.

Bitcoin 30-day change (historical, 1500+ datapoints) is 60.6% positive, 39.4% negative.