Bitcoin Intraday Seasonality: A Two-Hour UTC Long Strategy

Summary

The document describes a simple Bitcoin timing strategy based on an asserted intraday seasonal pattern. It opens a long position at 22:00 UTC and closes it two hours later, using minute data. The accompanying implementation changes the cited research setup’s data source from Gemini to Bitfinex and specifies a custom transaction fee.

The code gives operational details, including the trading hours, exchange data source, a 10x leverage setting, and the fee calculation. It does not provide performance results, explain how the seasonal effect was identified, or show whether the pattern persists across periods or venues. The example therefore documents a testable trading rule rather than evidence that it is profitable. Leverage and exchange-specific data, fees, and execution conditions may materially affect results.

Key ideas

• The strategy enters a Bitcoin long position at 22:00 UTC and exits at 00:00 UTC.
• It uses minute-resolution Bitfinex data in the implementation.
• The code sets leverage to 10x and applies a custom fee based on trade value.
• The document supplies no backtest results or evidence that the seasonal effect will persist.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.