Analysts Introduce Innovative Framework to Decode Bitcoin Economy in Bear Market
Analysts from ICONOMI recently released their latest whitepaper which introduces an innovative framework for decoding the bear market in the Bitcoin economy. The framework, dubbed the Bear-to-Bull transition framework, utilizes a suite of metrics to track and anticipate potential changes in the Bitcoin market. The framework involves looking at directional, momentum, and volatility factors to provide an in-depth look into the many factors influencing Bitcoin prices. While the framework is currently in its early stages, the team behind the project are hopeful that it will become an invaluable tool for cryptocurrency investors. The team states that with the framework in place, they can anticipate upcoming changes and provide more accurate predictions for Bitcoin’s price action. Ultimately, the goal of this innovative new framework is to improve the overall trading environment and increase transparency in the Bitcoin markets.