Bitzest Genius – Semi-Automated Trading with BBW

Michael Abetz
Michael Abetz
Crypto Writer
David Huang, CFO
David Huang
CFO

Introduction to Bitzest Genius

Bitzest Genius is a semi-automated trading project that focuses on Microsoft; according to public sources, the project was recently introduced and offers traditional trading features combined with the latest automation and AI technologies.

With its automated capabilities, Bitzest Genius project AI algorithms empower traders to make informed investing decisions. It’s like having a personal analyst right next to you while trading the financial markets, especially with its integration with the most popular technical indicators like the BBW.

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Please note that past performance may not be indicative of future results. Different types of investments involve varying degrees of risk, and there can be no assurance that the future performance will be profitable.

Key features and benefits of Bitzest Genius

Pros

  • Advanced order types
  • Customer support via multiple channels
  • Advanced security features
  • Frequent platform updates
  • Customizable trading dashboard
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Cons

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*According to public sources and the platform’s website

1164 couple discussing crypto trades Bitzest Genius

Bitzest Genius Overview

Bitzest Genius uses the BBW indicator to trade Microsoft and other assets. Microsoft’s Bollinger Bands Width (BBW) narrowing indicates a period of low volatility, suggesting the stock is in consolidation. This often hints at an upcoming breakout, signaling either a potential buying or selling opportunity, depending on the stock’s price movement. On the other hand, wider Bollinger Bands suggest increased volatility, alerting traders to possible sharp price swings and the need for careful strategy adjustments, it uses artificial intelligence to assess its probability of success by analysing similar patterns from the past before making a trade.

Is Bitzest Genius for you?

Bitzest Genius is suitable for:

  • Beginners who need a guiding hand in the trading world.
  • Experience traders who are seeking a project that offers AI-generated insights.
  • Traders focused on Microsoft and other major trading symbols.
  • Individual investors and financial enthusiasts.
  • Anyone who has a smartphone and/or computer with a high internet connection.

The financial world can be overwhelming due to its complexities, extensive fundamental data, technical jargon, and wide range of financial information and trading instruments. Bitzest Genius offers a solution with its robust AI system and features.

Bitzest Genius focuses on Microsoft

Overview of Microsoft (MSFT)

Microsoft is one of the most dominant tech companies in the world, providing a wide array of software, hardware, and cloud services. Founded in 1975, the company transformed the world of personal computing and has stayed at or near the forefront of the technology industry, releasing innovative products like Windows, Office 365, Azure, and Xbox. Under the leadership of Satya Nadella since 2014, Microsoft has placed major bets on cloud computing, which has become its biggest growth driver. By 2018, Microsoft reached over a $1 trillion market capitalization, which by 2024 has shot even further beyond $3 trillion.

During the last six months, Microsoft’s stock has sharply hovered between $389 and $467. Its stock price is affected by many things, such as quarterly earnings reports, new product launches, and the state of the world economy. Competition in the technology industry and regulatory scrutiny also influence the stock movement. For instance, economic downturns may eventually decrease spending on IT infrastructure and, therefore, lower the performance of Microsoft’s cloud services; strategic acquisitions like those of LinkedIn or GitHub could strengthen its position on the market.

This is a rather volatile stock, and traders usually depend on technical indicators like Bollinger Bands Width to spot periods of high volatility and prepare for changes in trends.

BBW on Bitzest Genius

Overview of Bollinger Bands Width (BBW)

The Bollinger Bands Width (BBW) indicator measures the gap between the upper and lower Bollinger Bands. When the bands are close together, it signals low volatility, while wider bands indicate higher volatility. BBW helps traders assess when a stock, like Microsoft, is likely to break out of its current price range.

In the context of Microsoft, BBW is used to spot periods of low volatility, often followed by sharp price movements. When BBW values are low, Microsoft’s price might be consolidating, and traders could prepare for a breakout in either direction. High BBW values indicate that volatility has increased, and traders might wait to confirm a trend before making further decisions.

Traders typically use a 20-day time frame to calculate the Bollinger Bands and BBW. The stock price move above the upper Bollinger Band may be considered a buy. This might be read as a sell if it breaks below the lower band. However, given that BBW does not indicate price direction, traders often use it with others, such as the Moving Average Convergence Divergence (MACD), to obtain more distinctive buy and sell signals.

BBW’s strength lies in highlighting changes in volatility, which is worth its weight in gold when trying to pick up future breakouts in Microsoft stock. However, its limitation lies in the lack of directional information, which means traders should look for complementary indicators to confirm trends.

Bollinger Bands Width is an effective tool for understanding Microsoft’s volatility, especially when preparing for possible breakouts. It is most useful when combined with other technical indicators to enhance trading strategies.

FAQ

Bitzest Genius is a cutting-edge trading platform designed to support investors of all levels. It uses advanced technology to automate trading, making it easier for you to invest your money with confidence. The platform is built with user-friendly features that simplify the investment process, allowing you to focus on making the best decisions for your financial goals.

Bitzest Genius simplifies trading by using algorithms to analyze markets and make trades based on your preferences. Set up your account, choose your investment strategy, and the platform handles the rest, including providing updates and insights. It’s designed to make investing easier, even if you’re not a market expert, giving you control over your financial future.

To embark on your trading journey with Bitzest Genius, follow these steps:

  1. Register: Visit the official website to create your new account quickly.
  2. Deposit: An initial deposit of $250 is required to activate your account, acting as your initial trading capital.
  3. Demo Trading: Utilize the platform’s demo trading feature to practice trading strategies risk-free.
  4. Live Trading: When you’re ready, switch to live trading to engage with the real market.
  5. Withdraw Funds: Access your earnings easily through a straightforward withdrawal process, usually completed within 24 hours.

This simplified pathway is designed to get you trading on Bitzest Genius with minimal hassle, from registration to real-market engagement.

Our Conclusion

Bitzest Genius offers an exciting mix of AI-powered insights, advanced charting capabilities, and user-friendly design, making it an excellent choice for traders at any level.

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Please be aware that any types of trading involve risk and may lead to losses, you should therefore not invest funds that you cannot afford to lose. Always conduct your own research, understanding the risks, and plan your investments accordingly.

Disclaimer

This website does not provide financial, investment, trading, or other advice. Any information provided should not be considered advice. Dex.ag does not advise that you purchase, sell, or hold any cryptocurrency. Be sure to thoroughly research any investment and consult your financial advisor before deciding.