We are now 46 weeks into the year, under you can see the Year-to-Date chart
As you can see Bitcoin Crypto Assets DAA right now outperforms Bitcoin in the YTD timeframe
We can see that we got a significant drawdown in our last trade due to the FTX black swan event, our models before the crash started to become more and more bullish as we could witness a great amount of technical evidence that we are beginning to see a trend shift BUT 20880 was the important level BULLS had to keep for a few weeks to confirm where their next target would be the 200DMA
Now as BEARS did manage to have a weekly close under 20880 we are seeing more downside and are currently trading within PIVOT S2 Standard + FIB Range (17570-16019) with the possibility to test PIVOT S3 standard + FIB Range(16019-13949)
But let's move a bit away from the technical analysis ( we will publish our technical analysis as usual in a separate post )
What we really wanted to keep the focus on in this post to our clients is the logic behind Bitcoin Crypto Assets DAA
As the bottom is close and we are turning from a bear trend to a bull trend ( if the bulls of course can hold these ranges ) Bitcoin Crypto Assets DAA will get more and more exposure to altcoins by design
This will give us an advantage in the long term as we do base our exposure to altcoins based on advanced data intelligence technology, the downside of this is that we may experience higher drawdown in the short term
To wrap up, what we really wanted to say is that we trust that our data intelligence technology will give us an edge and will help us achieve our MISSION and VISION...
... there is no doubt
As a client we recommend you to use a Dollar-Cost-Averaging strategy when investing in Bitcoin Crypto Assets DAA
This will give you a better average price and based on our research we know for a fact that the best time to do Dollar Cost Averaging is in a BEAR market
To optimize your results with Bitcoin Crypto Assets DAA, follow our advice
Dollar-Cost-Averaging is the practice of investing a fixed % amount of your income on a regular basis, regardless of the price. It's a good way to develop a disciplined investing habit, be more efficient in how you invest
Our MISSION is to provide our clients with a Crypto Quant Strategy that optimizes results and minimizes drawdown using state-of-the-art data intelligence technology and technical analysis.