Risks, Vol. 8, Pages 44: Technical Analysis on the Bitcoin Market: Trading Opportunities or Investors’ Pitfall?:
Risks, Vol. 8, Pages 44: Technical Analysis on the Bitcoin Market: Trading Opportunities or Investors’ Pitfall?
Risks doi: 10.3390/risks8020044
Authors:
Marina Resta
Paolo Pagnottoni
Maria Elena De Giuli
In this paper we aimed to examine the profitability of technical trading rules in the Bitcoin market by using trend-following and mean-reverting strategies. We applied our strategies on the Bitcoin price series sampled both at 5-min intervals and on a daily basis, during the period 1 January 2012 to 20 August 2019. Our findings suggest that, overall, trading on daily data is more profitable than going intraday. Furthermore, we concluded that the Buy and Hold strategy outperforms the examined alternatives on an intraday basis, while Simple Moving Averages yield the best performances when dealing with daily data.
Medicine by Alexandros G. Sfakianakis,Anapafseos 5 Agios Nikolaos 72100 Crete Greece,00302841026182,00306932607174,alsfakia@gmail.com,
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Τετάρτη 6 Μαΐου 2020
Risks, Vol. 8, Pages 44: Technical Analysis on the Bitcoin Market: Trading Opportunities or Investors’ Pitfall?
Αναρτήθηκε από
Medicine by Alexandros G. Sfakianakis,Anapafseos 5 Agios Nikolaos 72100 Crete Greece,00302841026182,00306932607174,alsfakia@gmail.com,
στις
9:21 μ.μ.
Ετικέτες
00302841026182,
00306932607174,
alsfakia@gmail.com,
Anapafseos 5 Agios Nikolaos 72100 Crete Greece,
Medicine by Alexandros G. Sfakianakis,
Telephone consultation 11855 int 1193
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