After covering technical analysis and on-chain in recent weekly articles I thought this week I would take a look at Biyond's quantitative indicators to analyze Bitcoin.
Recently, Biyond published its quant framework for paying subscribers, similar to a white paper, however, it is still very necessary for other members to understand our quant models and also be informed what they are saying and currently alluding to.
On this subject, we plan to host another informational webinar in the first week of April and go over the strengths and weaknesses of each approach for short-term and long-term investors.
Source: Biyond.co
Starting with Biyond’s main protective and trend following quantitative model is Vanguard, probably my favorite Biyond quant model.
It's quite simple to use, with Red for strong bearish trends, Orange for bearish inclination, Blue for bullish inclination and Green for strong bullish trends across multiple time frames.
Source: Biyond.co
Being a medium-term trader I tend to use the daily, 3-day and weekly time frame combination. With that said the 3-day and weekly time frames are really the ones to watch right now.
Source: Biyond.co
As you can see the weekly Vanguard has captured the up move perfectly, and any change in colour could signal and temporary or significant trend correction, despite the recent $13,000 plus pullback.
All eyes are on the weekly time frame next week, and also the three-day time frame which has switched to amber to further alter the potentiality for a daily and 3-day bearish combo.
Source: Biyond.co
My next favorite indicator is Biyond Atlas, which basically harnesses the capabilities of machine learning to analyze six critical and distinct categories off-market factors.
Remember this indicator exhibits an inverse relationship with the price movement. For the uninitiated up means down and down means up in layman's terms.
After recently being in overbought territory we are seeing a very obvious up correction in this indicator as the price moves lower.
Source: Biyond.co
The key point to watch is the 100 marker or barrier. Downside momentum increases if the 100 marker or level is crossed on this indicator.
Downside momentum would further increase if the price moves into the red zone, and oversold conditions would happen if the indicator moved from red into the grey zone.
All eyes on the 100 marker/barrier for Biyond Atlas over the coming days and indeed whether Biyond Vangurd will flip to red on the weekly or continue its epic continuation in the green journey, which has been unabated since October 2023.
