AI Crypto Trading Bots Are the New ‘Edge’
July 6, 2023

AI Crypto Trading Bots Are the New ‘Edge’



Some traders, for example, swear by using chart patterns such as “head and shoulders,” which looks like a small hill on the left, then a big hill in the middle, then another small hill on the right. The theory is that this is bearish and a potential signal to sell. (You’d also look at many other factors, of course.) The AI bot could scour every single cryptocurrency — and every trading pair, not just BTC/USD but more exotic ones like SOL/BTC — at every second around the clock, hunting for those coveted Head & Shoulders patterns, and then only selling if it met a string of set conditions.


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