Backtesting data shows that a $BTC trading rule based on the 30-day Relative Strength Index (RSI) of entities in profit crossing above its threshold recorded a maximum drawdown of 20% since July 2023.
In comparison, holding $BTC directly resulted in a maximum drawdown of 53% over the same period.
#Bitcoin #Crypto
In comparison, holding $BTC directly resulted in a maximum drawdown of 53% over the same period.
#Bitcoin #Crypto