A daily signal that reveals the presence, direction and strength of current price trends Bitcoin

New York, April 13, 2023 /PRNewswire/ — CoinDesk Index (CDI)A subsidiary of coindesk and the leading provider of digital asset indices by AUM since 2014, announced today Bitcoin Trend Indicator (BTI). BTI is a daily signal that reveals the presence, direction and strength of a price trend Bitcoin Uses a purpose-built, non-discretionary algorithm.

The signal broadcasts one of five possible values, each corresponding to an indicated direction of price and the strength of the trend Bitcoin. BTI is calculated daily, and is derived from CoinDesk’s historical daily levels Bitcoin Price Index (XBX), uses a non-discretionary approach. It is backtested for a five-year historical period using XBX data.

“We are excited to offer Bitcoin trend indicator, which has been rigorously researched and constructed,” said Andy Behr, CFA, is managing director of CoinDesk Indices. “We designed BTI to identify price trends BitcoinHelping asset managers create new dynamic products and helping investors make better-informed allocation decisions over long-term horizons.”

Asset managers and investors can use BTI only for long-term dynamic allocation strategies. BTI’s research-driven construction uses a widely used technique to identify trends known as moving average crossovers. This strategy compares the recent short-term price average with the recent long-term price average. BTI is designed to implement systematic techniques that allocate between Bitcoin and a risk-free asset. These strategies can help investors navigate the long term Bitcoin Drawdown, reducing potential risk. A hypothetical portfolio of CDI observed Bitcoin and reduced risk-free cash exposure notified by BTI”Crypto In winter” still participates in the price increase trend.

CDI’s unmatched experience base includes institutional-class indexing, frameworks and research, providing transparency in the digital asset economy through innovation. CoinDesk’s Digital Asset Classification Standard (DACS) And CoinDesk Market Index (CMI). For more information on CDI’s go-to-market capabilities and Bitcoin Trend indicator, please see coindeskmarkets.com/bti.

About the CoinDesk index

CoinDesk Indices (CDI), a subsidiary of CoinDesk, has been the leading provider of digital asset indices by AUM since 2014. We are driven by accuracy, rigor, research and a desire to educate the market and empower investors. CoinDesk, a media, events, data and index company, is the world’s most influential and trusted platform Crypto ecosystem

Press Contacts

Casey CraigGlobal Head of Communications at CoinDesk
[email protected]

[email protected]


CoinDesk Indices, Inc. (“CDI”) does not sponsor, endorse, sell, promote or administer any investment offered by any third party seeking to provide investment returns based on the performance of any index, index or signal. CDI is not an investment advisor or commodity trading advisor and does not make any representations about recommending investments associated with any CDI index, indicator or signal. CDI does not act as a fiduciary. A decision to invest in any asset linked to a CDI index, index or signal should not be made in reliance on statements made by CDI in this document or elsewhere. All material contained or used in any CDI indicator, indicator or signal (“Content”) is owned by CDI and/or its third party data providers and licensors, unless otherwise stated by CDI. CDI does not guarantee the accuracy, completeness, timeliness, adequacy, validity or availability of any Content. CDI IS NOT RESPONSIBLE FOR ANY ERRORS OR OMISSIONS RESULTING FROM THE USE OF ANY CONTENT, HOWEVER CAUSED. CDI assumes no obligation to update the Content after publication in any form or format. © 2023 CoinDesk Indices, Inc. All rights reserved

To download multimedia visit original content: https://www.prnewswire.com/news-releases/coindesk-indices-launches-the-bitcoin-trend-indicator-301796420.html

Source CoinDesk Index

By admin

Leave a Reply

Your email address will not be published. Required fields are marked *