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Title: Social Data Indicating price spike Post by: cryptocompare on December 24, 2015, 03:34:19 PM So quite a good buy signal taken from our social data yesterday - Lot of chatter on reddit indicated the price spike!
https://www.cryptocompare.com/media/350569/hour_cryptocompare_index_btc_usd_168_11450945193336.png https://www.cryptocompare.com/coins/btc/charts/USD Title: Re: Social Data Indicating price spike Post by: foxbitcoin on December 24, 2015, 03:39:05 PM So quite a good buy signal taken from our social data yesterday - Lot of chatter on reddit indicated the price spike! just wonder how you analyze the social data to get the conclusion! Just keep in mind that Bitcoin is so volatile! It might be the signal of selling off!https://www.cryptocompare.com/media/350569/hour_cryptocompare_index_btc_usd_168_11450945193336.png https://www.cryptocompare.com/coins/btc/charts/USD Title: Re: Social Data Indicating price spike Post by: btckold24 on December 25, 2015, 06:47:41 AM wow dec 20th had a crap ton of volume. Thats a good chart I didnt realize the volume was that high.
Anytime you get a price spike on good volume thats always a good thing Title: Re: Social Data Indicating price spike Post by: Amph on December 25, 2015, 07:49:50 AM what i know is that a rock solid price always end in a pump first, there were no case of the opposite, and no 1200 ath was not a stable price
for stable i mean it remain stuck there at the possible new bottom for a long time like many week months, this look to be the case Title: Re: Social Data Indicating price spike Post by: gkv9 on December 26, 2015, 11:53:45 AM Price spikes are not indicated via chats as mentioned in OP's post, but yes the Volume might be, because big dogs come and just spread the panic in between people like us when they want to manipulate the markets the way they wish to take it towards...
In fact, prices are actually lower in comparison to what is expected, the charts actually are showing much better (expected) results than what we are seeing in real values... Title: Re: Social Data Indicating price spike Post by: maokoto on December 26, 2015, 03:58:22 PM I think it will go up from here. It gets a pump, goes down (to a stable price higher than before) then raises again. That seems to be the trend in the past months.
Title: Re: Social Data Indicating price spike Post by: talks_cheep on December 26, 2015, 04:15:38 PM I think it will go up from here. It gets a pump, goes down (to a stable price higher than before) then raises again. That seems to be the trend in the past months. I agree that there seems to be a clear trend; however, we have hit a ceiling at 460 and the bottom falls LOWER each time it drops. There's gonna be a bloodbath in January 2016. Weak hands will lose all they got, whales and manipulators will make sure of it. |
