List of Flash News about backtest models
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2025-08-27 10:46 |
BTC Price History Correction: BitMEX Research Confirms 2012 Peak Near $13 Not $122, Key Impacts for Backtests and Trend Models
According to BitMEX Research, Bitcoin did not trade anywhere near $122 in 2012, with the year’s peak around $13, correcting misinformation seen in circulating charts (source: BitMEX Research on X, Aug 27, 2025). Independent historical datasets corroborate a ~13 dollar high for BTC-USD in 2012, confirming the corrected level (source: Yahoo Finance BTC-USD historical data for 2012). For traders, using the correct ~13 dollar 2012 peak instead of 122 dollars lowers the base by roughly 9x, materially affecting CAGR, drawdown, and long-term trendline backtests and any cycle models anchored to that year (source: BitMEX Research on X, Aug 27, 2025; Yahoo Finance BTC-USD historical data for 2012). Update datasets, dashboards, and fair value bands that reference a 2012 ATH to prevent distorted signals and risk limits in strategy evaluation (source: BitMEX Research on X, Aug 27, 2025; Yahoo Finance BTC-USD historical data for 2012). |