The profitability of Bollinger Bands trading bitcoin futures

References

• Ali, R., J. Barrdear, R. Clews, and J. Southgate. 2014. “The Economics of Digital Currencies.” Bank of England Quarterly Bulletin 54 (3): 276–286.
   Google Scholar
• Athey, S., I. Parashkevov, V. Sarukkai, and J. Xia. 2016. Bitcoin Pricing, Adoption, and Usage: Theory and Evidence. California: Stanford University, Graduate School of Business.
   Google Scholar
• Baek, C., and M. Elbeck. 2015. “Bitcoins as an Investment or Speculative Vehicle? A First Look.” Applied Economics Letters 22 (1): 30–34. doi:10.1080/13504851.2014.916379.
   Web of Science ®Google Scholar
• Ballis, A., and K. Drakos. 2020. “Testing for Herding in the Cryptocurrency Market.” Finance Research Letters 33: 101210. doi:10.1016/j.frl.2019.06.008.
   Web of Science ®Google Scholar
• Bollinger, J. 2002. Bollinger on Bollinger Bands. New York: McGraw-Hill.
   Google Scholar
• Borgards, O., and R. L. Czudaj. 2021. “Features of Overreactions in the Cryptocurrency Market.” The Quarterly Review of Economics and Finance 80: 31–48. doi:10.1016/j.qref.2021.01.010.
   Web of Science ®Google Scholar
• Caporale, G. M., and A. Plastun. 2019. “Price Overreactions in the Cryptocurrency Market.” Journal of Economic Studies 46 (5): 1137–1155. doi:10.1108/JES-09-2018-0310.
   Web of Science ®Google Scholar
• Chuang, W. I., and B. S. Lee. 2006. “An Empirical Evaluation of the Overconfidence Hypothesis.” Journal of Banking & Finance 30 (9): 2489–2515.
   Web of Science ®Google Scholar
• Diebold, F. X., and L. Kilian. 2000. “Unit-root Tests are Useful for Selecting Forecasting Models.” Journal of Business & Economic Statistics 18 (3): 265–273.
   Web of Science ®Google Scholar
• Diebold, F. X., and J. A. Lopez. 1996. “Forecast Evaluation and Combination.” Handbook of Statistics 14: 241–268.
   Google Scholar
• Diebold, F. X., and G. D. Rudebusch. 1989. “Long Memory and Persistence in Aggregate Output.” Journal of Monetary Economics 24 (2): 189–209. doi:10.1016/0304-3932(89)90003-2.
   Web of Science ®Google Scholar
• Dwyer, G. P. 2015. “The Economics of Bitcoin and Similar Private Digital Currencies.” Journal of Financial Stability 17: 81–91. doi:10.1016/j.jfs.2014.11.006.
   Web of Science ®Google Scholar
• ElBahrawy, A., L. Alessandretti, A. Kandler, R. Pastor-Satorras, and A. Baronchelli. 2017. “Evolutionary Dynamics of the Cryptocurrency Market.” Royal Society Open Science 4 (11): 170623. doi:10.1098/rsos.170623.
   PubMed Web of Science ®Google Scholar
• Evans-Pughe, C. 2012. “From Megabytes to Megabucks.” Engineering & Technology 7 (4): 59–61. doi:10.1049/et.2012.0408.
   Google Scholar
• Fama, E. F. 1965. “The Behavior of Stock-market Prices.” The Journal of Business 38 (1): 34–105. doi:10.1086/294743.
   Web of Science ®Google Scholar
• Fama, E. F. 1970. “Efficient Capital Markets: A Review of Theory and Empirical Work.” The Journal of Finance 25 (2): 383–417. doi:10.2307/2325486.
   Web of Science ®Google Scholar
• Foresti, P., and O. Napolitano. 2017. “On the Stock Market Reactions to Fiscal Policies.” International Journal of Finance & Economics 22 (4): 296–303. doi:10.1002/ijfe.1584.
   Web of Science ®Google Scholar
• Gajardo, G., W. D. Kristjanpoller, and M. Minutolo. 2018. “Does Bitcoin Exhibit the Same Asymmetric Multifractal Cross-correlations with Crude Oil, Gold and DJIA as the Euro.” Great British Pound and Yen?. Chaos, Solitons & Fractals 109: 195–205. doi:10.1016/j.chaos.2018.02.029.
   Web of Science ®Google Scholar
• Howell, S. T., M. Niessner, and D. Yermack. 2020. “Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales.” The Review of Financial Studies 33 (9): 3925–3974. doi:10.1093/rfs/hhz131.
   Web of Science ®Google Scholar
• Ji, Q., E. Bouri, C. K. M. Lau, and D. Roubaud. 2019. “Dynamic Connectedness and Integration in Cryptocurrency Markets.” International Review of Financial Analysis 63: 257–272. doi:10.1016/j.irfa.2018.12.002.
   Web of Science ®Google Scholar
• Katsiampa, P. 2017. “Volatility Estimation for Bitcoin: A Comparison of GARCH Models.” Economics Letters 158: 3–6. doi:10.1016/j.econlet.2017.06.023.
   Web of Science ®Google Scholar
• Kerner, S. 2014 Why Marc Andreessen Is Bullish on Bitcoin . Accessed 1 1 2022 https://www.eweek.com/cloud/why-marc-andreessen-is-bullish-on-bitcoin/. . .
   Google Scholar
• King, T., and D. Koutmos. 2021. “Herding and Feedback Trading in Cryptocurrency Markets.” Annals of Operations Research 300 (1): 79–96. doi:10.1007/s10479-020-03874-4.
   PubMed Web of Science ®Google Scholar
• Latif, M., S. Arshad, M. Fatima, and S. Farooq. 2011. “Market Efficiency, Market Anomalies, Causes, Evidences, and Some Behavioral Aspects of Market Anomalies.” Research Journal of Finance and Accounting 2 (9): 1–13.
   Google Scholar
• Lee, D. K. C. 2015. Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments, and Big Data. London: Academic Press.
   Google Scholar
• Leung, J. M. J., and T. T. L. Chong. 2003. “An Empirical Comparison of Moving Average Envelopes and Bollinger Bands.” Applied Economics Letters 10 (6): 339–341. doi:10.1080/1350485022000041032.
   Web of Science ®Google Scholar
• Liao, Y., M. Y. Day, Y. Cheng, P. Huang, and Y. Ni. 2021. “The Profitability of Technical Trading for Hotel Stocks under COVID-19 Pandemic.” Journal of Computers 32 (5): 44–54.
   Google Scholar
• Makarov, I., and A. Schoar. 2020. “Trading and Arbitrage in Cryptocurrency Markets.” Journal of Financial Economics 135 (2): 293–319. doi:10.1016/j.jfineco.2019.07.001.
   Web of Science ®Google Scholar
• Masciandaro, D. 2018. “Central Bank Digital Cash and Cryptocurrencies: Insights from a New Baumol–Friedman Demand for Money.” Australian Economic Review 51 (4): 540–550. doi:10.1111/1467-8462.12304.
   Web of Science ®Google Scholar
• Nakamoto, S. 2008. “Bitcoin: A Peer-to-peer Electronic Cash System.” Decentralized Business Review 21260.
   Google Scholar
• Ni, Y., M.-Y. Day, P. Huang, and S.-R. Yu. 2020. “The Profitability of Bollinger Bands: Evidence from the Constituent Stocks of Taiwan 50.” Physica A: Statistical Mechanics and Its Applications 551: 124144. doi:10.1016/j.physa.2020.124144.
   Web of Science ®Google Scholar
• Saedi, R., and V. Rezaein. 2019. “The Effect of the Manager’s Excessive Self-confidence on Stock Returns and Unsystematic Stock Risk Given the Dual Role of Managing Director: Evidence from Tehran Stock Exchange.” Financial Research Journal 21 (1): 79–100.
   Google Scholar
• Wang, S., and Z. Guo. 2020. “A Study on the Co‐movement and Influencing Factors of Stock Markets between China and the Other G20 Members.” International Journal of Finance & Economics 25 (1): 43–62. doi:10.1002/ijfe.1727.
   Web of Science ®Google Scholar
• Yu, H., G. V. Nartea, C. Gan, and L. J. Yao. 2013. “Predictive Ability and Profitability of Simple Technical Trading Rules: Recent Evidence from Southeast Asian Stock Markets.” International Review of Economics & Finance 25: 356–371. doi:10.1016/j.iref.2012.07.016.
   Web of Science ®Google Scholar