The impact of the coronavirus outbreak forces the hand of central bankers to engage in more easing which could boost bitcoin.

• The impact and uncertainty surrounding coronavirus have forced the hand of central bankers to engage in more easing in March.
• The timing of easing measures, especially if coordinated, could be a significant boon for bitcoin.
• April has historically been the best month for bitcoin investors.

Read more here: https://medium.com/the-capital/coronavirus-forces-the-hand-of-central-bankers-a-boon-for-bitcoin-d60b3587a7c?source=friends_link&sk=0653263f7e41e2782105c53aa66024ac

I have published some code for R and data to allow traders to create thheir own charts and heatmaps.

The data from CoinMetrics, TradingView and CryptoDataDownload to look at seasonality trends in bitcoin (check it out here: https://medium.com/interdax/seasonality-in-bitcoin-examining-almost-a-decade-of-price-data-abf47b1421cb).

The data/code is availablle on GitHub: https://github.com/jsholmes7/BTC-seasonality-analysis

With this code and by using your own data, you can create your own charts: returns by month, returns by day of the week, hourly heatmaps for price changes, volatility and candle body ratio.

You could use this code to look at trends in any crypto pair, from any exchange, over any timeframe and time period you want. You'd have to amend the code slightly to account for the name of your file and so on, but it wouldn't be too difficult.

The study posted earlier only goes back to April 2013. A more comprehensive study of seasonality in bitcoin can be found here with data from August 2010 to present: https://medium.com/interdax/seasonality-in-bitcoin-examining-almost-a-decade-of-price-data-abf47b1421cb?source=friends_link&sk=f8bb18af9f42a53491a65eafcee78108

From the findings, the largest gains are usually on Saturdays. The article also looks at volatility and candle body ratios to show the days/hours that are more volatile or more frequently display trending candles.

An overview of the theories related to block reward reductions and previous halving events to provide clues on the possible scenarios for BTC-USD after May 2020.

Read more here: https://medium.com/interdax/how-will-the-third-block-reward-halving-affect-bitcoin-ddb38b46a959

Interdax's DaxDecade trading battle will start this Friday!

Interdax have hosted over 50 trading battles on mainnet since early Novemeber and given away more than 8BTC to the best traders. The DaxDecade trading battle starts on Friday and will last until Jan. 31st. You must have at least 0.05BTC in your trading account to participate.

Why compete in Interdax trading battles?

First, any profit you make you will keep at the end of the trading battle. You start with a fixed trading stack of 0.05BTC. If you double your money with your trades, at the end of the battle, you'll get your 0.05BTC plus the 0.05BTC profit you made.


Second, if you place in the top 10 of all traders, you will win a bitcoin prize. The trader with the highest PnL wins 1BTC, second wins 0.5 BTC, third place wins 0.25BTC and so on. The total prize pool is 2BTC and the remainder is staggered across traders that place fourth to tenth.


Sign up with Interdax here: https://www.interdax.com

Join the DaxDecade trading battle here: https://www.interdax.com/app/battles/daxdecade

yes, even better than the RSI is the B%, which is an oscillator John Bollinger invented to be used with the Bands

Developed by trading veteran John Bollinger in 1983, the tool has stood the test of time with Bollinger himself frequently analysing and commenting on the cryptocurrency market.

Overview

-Bollinger Bands are based on volatility, which is cyclical and predictable. Low volatility environments eventually lead to periods of high volatility, and vice versa.
-The Bollinger Bands are composed of a simple moving average (20-period by default) and an upper and lower band that are set to 2 standard deviation by default.
-‘W bottoms’ should be used to setup a long position and you should enter once there is a display of strength in the asset.
-‘M tops’ should be used to set up a short position but requires more confirmation than a bottom. Enter the short once there is a display of weakness.
-The ‘Bollinger Squeeze’ can be identified with Bollinger Bands and the BandWidth indicator. ‘The Squeeze’ allows us to identify and trade the breakout at the beginning of a trend.
-The ‘Bollinger Bounce’ is a reversal strategy. We look for a buy position once the price action touches the lower band, and an oscillator is positive. We look for a sell positions once the price actions touches the upper band, and an oscillator is negative.

What are the Bollinger Bands?

Bollinger Bands are curves drawn in and around the price structure consisting of a moving average (a middle band), an upper band and a lower band that enable you to identify whether the price of an asset is relatively high or low.

Read more here: https://medium.com/interdax/an-introduction-to-trading-bitcoin-with-bollinger-bands-9e484db9353b?source=friends_link&sk=6683033bb5cefd450aa209f087831de6

Tomorrow January 9th will mark the eleventh year since the Bitcoin software was publicly released.

Check out our beginner's guide on Bitcoin for an overview of the history, economics and technology of the world's leading cryptocurrency:

https://medium.com/interdax/a-beginners-guide-to-understanding-bitcoin-d7bcf250d652