ZFelds

Mean Reversion

Long
ZFelds Updated   
BITMEX:XBTUSD.P   Bitcoin
Statistically speaking, when the price shows two standard deviations in regards to the bollinger bands, it will spend less than 5% of it’s time there. When it gets 3 or more deviations, it will spend 1% or less of it’s time there. Note how BTC reacts when it deviates from the mean, tests the outside of the bands; and returns relatively quickly.

I believe this is what we will see once again here. Cheers
Comment:
And there we have it. The price has reverted to the mean within 19 hours. Let’s see how it reacts from here. Thanks for looking!
Trade active:
Still holding this long. Worked like a charm.

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