Hello i just want to share an idea and hear feedback, i must have been said here before but neverthless:
Is looking on blockchain (or similiar sites) and monitoring incoming huge ammounts of BTC to the accounts of major exchanges (bitstamp, bitfinex, those chinesse ones etc.) a good way for predicting a flat crash...? I got a "hint" that some of the more experienced users might do so... As far as i know, major exchanges have only limited and probably by this time well known bitcoin adresses, so if someone monitors them on blockchain and seesa huge ammount of incoming BTC to these adress (thousand of btc for example), that might be quite a good indication that the exchange is heading for a major flash crash...
Is this basic idea a good way for predicting flash crashes of BTC price?
It might mean something, but the person might just be transferring funds.
An if he doesn't sell, you could just be standing there with all coins sold, without anything happening to the price.
