Real-time sentiment again proven correct – Ethereum had a large sentiment spike on 11th December, since then up more than 30%

We track millions of social media posts and use machine learning to determine sentiment for hundreds of cryptocurrencies in real-time. Below is real-time sentiment of tweets for Ethereum over the last few days.  The real-time sentiment of Ethereum made a major sentiment spike reversal on 8am 11th December (UTC time). As we have already posted in other such cases in the past this means a major bullish signal for the price and indeed the price of Ethereum has since then rallied by more than 30%.

 

Real-time sentiment again proven correct – Litecoin had a large sentiment reversal on 10th December, since then up more than 100%

We track millions of social media posts and use machine learning to determine sentiment for hundreds of cryptocurrencies in real-time. Below is real-time sentiment of tweets for Litecoin over the last few days.  The real-time sentiment of Litecoin suddenly made a major sentiment reversal on 10th December. As we have already posted in other such cases in the past this means a major bullish signal for the price and indeed the price of Litecoin has since then rallied by more than 100%.

Sentiment surge again a great predictor for the last rally of Bitcoin price

On 1st of December there was a great surge in Bitcoin sentiment that we calculate daily from thousands of tweets about Bitcoin. Usually this means a very bullish signal and again this proved correct – Bitcoin has risen since then by more than 60%.

Major sentiment-reversal signal on 12th November for Bitcoin was again proven correct – resulting in a gain of almost 40% in around a week

We track millions of social media posts and use machine learning to determine sentiment for hundreds of cryptocurrencies in real-time. Below is real-time sentiment of tweets for Bitcoin over the last ten days.  The real-time sentiment of Bitcoin suddenly made a major sentiment reversal in the evening of 12th November. As we have already posted in other such cases in the past this means a major signal for the price and indeed the price of Bitcoin has since then rallied from 5998 USD to 8179 USD for a gain of 36% in just one week. Another great BittsSignal from our real-time sentiment at just the right time. For other similar examples of how our real-time sentiment helped in recent upturns and downturns of Bitcoin and other cryptocurrencies see our BittsSignals posts. You can get access to real-time sentiment and many other advanced information about hundreds of cryptocurrencies by subscribing to our BittsAnalytics platform. More information is available at our website www.bittsanalytics.com

 

Major warning signal from our real-time sentiment for Bitcoin was again proven correct

We track millions of social media posts and use machine learning to determine sentiment for hundreds of cryptocurrencies in real-time. Below is real-time sentiment of tweets for Bitcoin for the last few days. The real-time sentiment of Bitcoin suddenly turned negative yesterday and in the evening. As we have already posted in other such cases in the past this means a major warning signal for the price and indeed the price has since fallen from around 7250 USD to the current price of around 6890 USD. Another great BittsSignal. For other examples of how our real-time sentiment could help you in trading cryptocurrencies see our BittsSignals posts. More information about our bittsanalytics platform is available at our website www.bittsanalytics.com

How you could have profited from the November 6-8 recovery of Bitcoin by using real-time sentiment

As a continuation of our previous post on using real-time sentiment to avoid the November 6th correction we now show you how you could use the real-time sentiment of Bitcoin to reenter the position. As you can see in the chart below the sentiment quickly rebounded from the negative value of 6th November.

If you took that as a positive trading signal and reentered the Bitcoin position you could enjoy in price that followed in the following two days.

How you could have avoided the latest correction in Bitcoin by tracking our real-time sentiment

We are using machine learning to calculate real-time sentiment for over 150 cryptocurrencies from millions of social media posts about them. Below is the chart of hourly sentiment of Bitcoin calculated from tweets for the last week. After days of positive sentiment it suddenly turned negative on 5th November around 22 (UTC time). At that time the price of Bitcoin was around 7430 USD. If you interpreted this as a warning signal and reduced Bitcoin exposure you would have avoided the subsequent correction which went down to 7030 USD. Great BittsSignal. In the follow up post we will show you how you could use the same real-time sentiment to get back in Bitcoin and profit again, this time from rebound of Bitcoin price. If you want to be notified please subscribe or check back soon.

 

Monero surging after a change in sentiment regime

If you look at the chart of hourly sentiment for Monero in the last few months something changed at the end of October. While in the period before there were regular dips in the negative territory they suddenly almost disappeared as though there was a regime change. And after a few days of this new bullish regime we got a big surge in price. Nice BittsSignal.