July 06, 2022
Dr. Daniel Svogun, Assistant Professor of Finance, published an article titled "Technical Analysis in Cryptocurrency Markets: Do Transaction Costs and Bubbles Matter?" in The Journal of International Financial Markets, Institutions and Money.He and his collaborator show for the first time that technical analysis return beyond buy-and-hold in cryptocurrency markets is statistically related to formally defined bubbles, and that increasing transaction costs in Bitcoin and Ethereum markets are statistically related to higher returns beyond buy and hold in the most profitable trade rules.