Investor and media attention in Bitcoin has increased substantially in recently years, reflected by the incredible … surge in news articles and considerable rise in the price of Bitcoin. Given the increased attention, there little is known … about the behaviour of Bitcoin prices and therefore we add to the literature by studying price clustering. We find …

This paper examines the volatility of Bitcoin as well as shedding light on the forecasting ability of GARCH models and … HAR models in the Bitcoin market. We find no evidence of the leverage effect in Bitcoin and that the HAR models are … superior in modelling Bitcoin volatility to traditional GARCH models. We also find that the inclusion of the jumps and the …

from two Bitcoin markets and three other popular cryptocurrencies. We employ almost 15,000 technical trading rules from the … predictability for Bitcoin in the out-of-sample period, although predictability remains in other cryptocurrency markets …

We examine the association of the Bitcoin price crash risk with economic uncertainty and behavioral factors. We show … that economic uncertainty displays a negative and significant association with Bitcoin price crash risk, indicating that … when economic uncertainty is high, the crash risk of Bitcoin is low. We also find that behavioral factors have a weak …

Bitcoin has received much attention in the media and by investors in recent years, although there remains scepticism … and a lack of understanding of this cryptocurrency. We add to the literature on Bitcoin by studying the market efficiency … of Bitcoin. Through a battery of robust tests, evidence reveals that returns are significantly inefficient over our full …