Has the mystery of wild swing oscillations for the bitcoin price been solved? A very interesting study published by the scientists from Yale University, Professor Aleh Tsyvinski and economics Ph.D. candidate Yukun Liu claims that there are “good and bad times” to buy and sell bitcoins.
There has been thousands and thousands of scientific (and not so scientific) studies on the predictors of the stock market starting with simple moving averages and ending with the correlation between winning teams in Super Bowl and the behavior of S&P 500. However, this study is quite different. While the past performance, as we all know, is not a guarantee of future results, these scientists have discovered two non-trivial statistical phenomena:
1. The “momentum” effect. This is rather simple: if the price of the bitcoin increased for one week very sharply, it will continue to increase next week; the same is true for the price movements in the opposite directions.
2. The “investor attention effect”. More searches on Google are done for the term “bitcoin”, sharper the increase in price. And, for example, the searches for “bitcoin hack” predict a decrease in price. The correlation between such searches is far from insignificant.
The Moving Average Convergence Divergence (MACD) for BTC.X turned positive on February 15, 2026. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in of 65 cases over the following month. The odds of a continued upward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BTC.X's RSI Oscillator exited the oversold zone, of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in of 421 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 94 cases where BTC.X's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on March 14, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on BTC.X as a result. In of 142 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
BTC.X broke above its upper Bollinger Band on March 04, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Aroon Indicator for BTC.X entered a downward trend on February 13, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows