And every year, $BTC repeats an 11-day pattern. You can use this alpha to make some free money
Over the past 8 years, buying into $BTC during CNY has yielded an average return of +9%. Specifically:
Buying $BTC at the end of the first day of CNY then selling it 10 trading days later. The most profitable ten-day trading period for this pattern was in:
- 2017 with 15% gain
- 2021 with 14% gain
- 2016 with 13% gain
Chinese New Year this year will be on Feb 10.
So just buy some $BTC and come back in 10 days. Here's how the last 4 years played out: