From Inception to Present: Our Crypto Model's Trades to Date

Trade Outcome:

Date: July 27, 2023
Signal: Short📉

Market Context:
Event: In July 2023, Bitcoin faced a significant resistance around $30K, leading to a sharp rejection and subsequent price drop. This resistance level was critical, and the rejection marked the start of a downturn​.
Performance: The short signal successfully captured the decline, gaining almost 15% at it's climax on just Bitcoin alone. The model's entry just before the major resistance test was well-timed.

Trade Outcome:

Date: September 19, 2023
Signal: Long📈

Market Context:
Event: By mid-September, Bitcoin found solid support around $25,000 after a volatile summer. This support level triggered a significant bounce, making it a prime entry point for a long position​.
Performance: The long signal capitalized on the bounce from $25,000, leading to a max run-up of 80% as Bitcoin rallied. Holding positions on altcoins in confluence with this signal would have likely yielded at least twice of what was gained on Bitcoin.

Trade Outcome:

Date: January 15, 2024
Signal: Cash💰

Market Context:
Event: Early January saw a recovery in Bitcoin prices driven by positive macroeconomic signals, such as slowing inflation. However, regulatory pressures and market volatility prompted caution​​. This pullback was also likely due to the Bitcoin ETFs Launch having a "sell the news" narrative.
Performance: The cash signal helped avoid drawdowns of up to -10.61% and even more on altcoins during a period of increased market uncertainty and regulatory challenges.

Trade Outcome:

Date: January 30, 2024
Signal: Long📈

Market Context:
Event:The approval of Bitcoin spot ETFs in January 2024 significantly boosted market sentiment. This approval was a pivotal event, sparking a bullish trend right after a small retracement.
Performance: The long signal leveraged the positive sentiment and regulatory clarity, benefiting from the ensuing price surge and experiencing a max run-up of almost 72% on Bitcoin.

Trade Outcome:

Date: April 13, 2024
Signal: Cash💰

Market Context:
Event:April 2024 witnessed mixed signals with regulatory updates and market corrections. The Financial Stability Board's new regulatory framework added to the cautious market sentiment​. And with added FUD coming from Iran's attacks on Israel, the prices of not just crypto but other assets such as stocks started to tumble.
Performance: The cash signal once again helped sidestep market turbulence, preserving gains from earlier trades, essentially avoiding up to -11.51% of drawdowns.

Trade Outcome:

Date: May 17, 2024
Signal: Long📈

Market Context:
Event:As of May 2024, the crypto market showed resilience with new institutional interest and advancements in blockchain technology. This renewed interest provided a solid foundation and confluence for a long position
Performance: As the signal came in just 3 days ago as of writing, we will update on the performance of this signal at a later date.