The Bitcoin Trend Indicator ("BTI") is a dynamic signal designed to convey the presence, direction, and strength of momentum in the price of bitcoin. BTI is calculated and published daily derived from historical daily levels of the CoinDesk Bitcoin Price Index ("XBX").
The indicator will have one of five possible daily values, with each value corresponding to an indicated direction and strength of trend in the price of the underlying digital asset as shown in the table.
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