Crypto Markets Ripe for Momentum Trading Due to Investor Psychology and Constant Availability
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Limited attention of investors due to 24/7 trading creates opportunities for momentum traders
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Leveraged trading and stop-loss orders lead to mechanical feedback trading that reinforces trends
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Network effects inherently promote momentum as more users join the crypto ecosystem
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Investor bias leads to outdated market views, despite contradictory price moves
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Trending prices persist in crypto markets, making momentum indicators useful for managing assets