Public trading strategy
Bitcoin sliding below $60K as rate-hike fears grip the market — contrarian bounc
Thesis
The market is aggressively pricing in higher interest rates, causing Bitcoin to slide as investors move to safer assets. However, crypto markets are notoriously emotional and tend to overshoot on the downside when sentiment turns negative. When everyone is suddenly bearish and betting on further drops, it often sets up a sharp snap-back rally. A contrarian approach looks to buy when fear is peaking and the price has fallen far enough to attract bargain hunters.
Strategy approach
Build a rule-based strategy that enters long BTC-USD on D1 after three consecutive down days closing below the 50-day moving average, with RSI(14) below 35. Exit on a close above the 10-day moving average, with a 14-day max hold and a 6% stop loss.