Saturday 17 October 2020

Bitcoin: The timescale matters

While moves of 2-3% to the downside in a matter of minutes can sometimes be difficult to watch, remember the time frames we are more so interested in are weekly time frames. In this video, we take a look at Bitcoin time frames of 5 minutes, 1 hour, 1 day, 1 week, and 1 month. Short term movements of Bitcoin are more akin to a random walk or geometric Brownian motion than anything that can reliably be predicted. TA Video by Benjamin Cowen.