So disclaimer. I don’t generally trade BTC (I do trade crypto related stocks though!) and I don’t really invest in it. I do have a hefty investment of Tezos (XTZ) that I am a stan for.
But I was curious if I, as a quant trader, could successfully map out BTC mathematically and create a math based indicator to accurately predict daily highs and lows of BTC using the same strategies I use to do this with stocks.

Here are the results:

April 10th (Success)

April 9th (Success)

April 8th (Success on Low, Almost success on high, off a little)

April 7th (Success)

Lazy so will just summarize the rest with words
April 6th: High fail ( Bearish sentiment); Low success

April 5th: Success

April 4th: Success

April 3rd: Success

April 2nd: Low success ( bearish outlook), high fail

April 1st: Low fail ( bullish outlook) high success

Very interesting!
Just looking over the raw data of BTC , it trades very predictably. There are a lot of predictable little hints I see embedded in this data and I am intrigued and interested. There is a lot going on here with BTC and I think I may have been quick to dismiss this as a viable trading option. There is a lot to unpack here, I think I will follow this up with a more in-depth analysis on BTC and a long term outlook because I see some very promising things working for BTC (some of which surprise me!).

I just wanted to test out this little fun past time of mine and share the results because they kind of surprised me!

Anyway, rock on crypto peeps! Perhaps I will be joining your community sooner than later ;).

Trade safe everyone and happy Monday!