Servicios Personalizados
Revista
Articulo
Indicadores
- Citado por SciELO
- Accesos
Links relacionados
- Citado por Google
- Similares en SciELO
- Similares en Google
Compartir
Suma de Negocios
versión impresa ISSN 2215-910Xversión On-line ISSN 2027-5692
Resumen
SANCHEZ ASCANIO, Leidy Catherinne y ARREDONDO GARCIA, John Alexander. Predicting the Price of Bitcoin, and more. suma neg. [online]. 2020, vol.11, n.24, pp.42-52. ISSN 2215-910X. https://doi.org/10.14349/sumneg/2020.v11.n24.a5.
Globalization and new technologies have incentivized the growth of the cryptocurrency market, which has meant that they are included in the usual trading assets. Since so far its market value has been wrapped in a cloak of speculation and volatility, we must ask ourselves, can we anticipate in a short and long time, the market value of a cryptocurrency? Under this premise, in this article we will perform the analysis of the prices of Bitcoin, the most capitalized digital currency in the market, applying the basic principles of the Elliott waves technique. We will observe that this technique yields a margin of effectiveness in prediction quite acceptable, and given the simplicity of its structure, it will be a tool that can be used by any person interested in the cryptocurrency market.
Palabras clave : Bitcoin; cryptocurrencies; price formation; market efficiency; portfolio strategy; blockchain; Elliott waves.