Bitcoin Price Regime Shifts: A Bayesian MCMC and Hidden Markov Model Analysis of Macroeconomic Influence

Bitcoin’s role in global finance has rapidly expanded with increasing institutional participation, prompting new questions about its linkage to macroeconomic variables. This study thoughtfully integrates a Bayesian Markov Chain Monte Carlo (MCMC) covariate selection process within homogeneous and no...

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Bibliographic Details
Main Authors: Vaiva Pakštaitė, Ernestas Filatovas, Mindaugas Juodis, Remigijus Paulavičius
Format: Article
Language:English
Published: MDPI AG 2025-05-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/13/10/1577
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