This Simple Bitcoin Strategy BEATS Buy & Hold! (BTC Above EMA 7 on Weekly Chart)
BTC(1W) > EMA(7) is a simple weekly trend-following strategy for Bitcoin.
When the weekly Bitcoin close is above the 7-period exponential moving average, the strategy stays long; otherwise, it stays out of the market.
Backtest results show stronger performance compared to buy and hold, with improved risk-adjusted returns and lower drawdowns.
Includes metrics such as ROI, profit factor, win rate, and maximum drawdown over the historical test period.