CMSA - Graduate Path
CMSA Certification Review Fee: $395
BTCi Framing Session graduates may submit a Market State Report for certification review.
The certification review includes:
• evaluation of the submitted Market State Report
• certification review discussion
• CMSA designation approval (if standards are met)
• listing in the BTCi Certified Analyst Registry
• CMSA certification badge
What CMSA Designation Represents
The Certified Market State Analyst (CMSA) designation recognizes individuals who have demonstrated the ability to interpret Bitcoin markets using the BTCintelligence Market State Framework.
CMSA analysts are trained to evaluate market structure through:
• supply behavior
• liquidity conditions
• market structure and pressure
• price behavior quality
• environmental permission
Certification requires submission of a Market State Report demonstrating correct application of the BTCintelligence framework. Each submission is reviewed individually before the designation is awarded.
CMSA analysts who meet the standards are listed in the BTCi Certified Analyst Registry, providing public verification of the designation.
