Sell: 28175 or higher
Stop: 29000
The narrative: Despite bitcoin outperforming the equity market, the general tone in the market is risk off so bitcoin could take a pause.
The model:
The Ingenuity Trading Model is a Geometric Markov Model with specific inputs related to Price, Time, Volume , and Volatility. The model attempts to predict local minimums and maximums in price on a daily and weekly basis. A fancy way of saying a trading system that detects specific patterns in price, time, volume, and volatility and indicates whether to buy or sell
Stop: 29000
The narrative: Despite bitcoin outperforming the equity market, the general tone in the market is risk off so bitcoin could take a pause.
The model:
The Ingenuity Trading Model is a Geometric Markov Model with specific inputs related to Price, Time, Volume , and Volatility. The model attempts to predict local minimums and maximums in price on a daily and weekly basis. A fancy way of saying a trading system that detects specific patterns in price, time, volume, and volatility and indicates whether to buy or sell