Bevioural Finance as an emerging field in Finance plays an important role in recognizing the investors behaviour. Our research adds to the body of knowledge by examining similarities and differences across investor sentiment proxies and providing a novel sentiment proxy to forecast bitcoin returns and volatility. Researchers at the University of Kelaniya Ms. Ishanka Dias, Ruwani Fernando, Narada Fernando conducted the study which demosntrate the non-linear relationship between investor sentiments and bitcoin returns; and volatility, with predicted power varying dependent on market conditions. Therefore, it guides investors to seek profits in each market condition and facilitates policymakers to take timely decisions and proper law enforcement to the bitcoin market.

  Ishanka K. Dias, J.M. Ruwani Fernando, P. Narada D. Fernando

International Review of Financial Analysis

Abstract :- https://doi.org/10.1016/j.irfa.2022.102383