In the morning hours of 13 May, a significant drop in the Bitcoin exchange rate was recorded. The “Sentistocks” tool predicted this decline. Was the drop in the BTC exchange rate expected? A prediction made on 12 May at 15:00 UTC for the avg BTC exchange rate for the next 24 hours (24H prediction) showed that a fall in the
On April 26, between 00:00 and 07:00 UTC, there was a significant increase of 8.6% in the BTC exchange rate. How can BTC price trends be predicted? In the prediction of the BTC price trend, a simple parameter from technical analysis – the moving average determined for the closing price (SMA) – was used as a reference to which the
On April 18, between 01:00 and 05:00 UTC, there was a significant – nearly 9% – drop in the price of BTC. Was the decline predictable? The 24-hour “Sentistocks” prediction prepared at 15:00 UTC on April 17 predicted a downward trend in the price of BTC. Subsequent predictions in 8- and 4-hour intervals confirmed this trend, even indicating the time
For quite some time now, we have been presenting the results of the trend prediction of the average Bitcoin exchange rate on our Facebook group. The prediction model presented predicts the trend direction for the next 24 hours, and we publish the data as of 15:00 UTC. What are our Bitcoin price predictions? These are the kinds of questions we
The Sentistocks tool allows predicting the average rate of BTC. It works by finding correlations between changes in the intensity of emotions and changes in the rate of BTC. The measurement of the intensity of emotions is based on the analysis of mentions of BTC published on Twitter and Reddit. Effectiveness of Bitcoin rate prediction The main task of the
For the past year, we have been testing a prediction model for the average price of BTC over a 24-hour time interval. We publish the prediction results daily on facebook on our member group (www.facebook.com/groups/sentistocks). BTC price predictions using Sentistocks tool We use a tool called “Sentistocks” to predict the average price of BTC. It is based on measuring the
On 28th of August 2020, we announced our cooperation with Coinpaprika.com, where you can find Sentistocks widget for daily Bitcoin trend predictions. As we constantly improve our tool, today we would like to give you a small update about what has changed so far. Significant increase in number of analyzed mentions When we first announced our widget and showed it
Since October 2020 we have been testing prediction models of average BTC price in the time intervals of 8 hours, 4 hours and 1 hour. Today we present the results of prediction effectiveness for the 1 hour model. The tests were conducted in November and December 2020. The measurements of predictions effectiveness were made at 15:00 UTC and covered the
Emotive analysis is a new tool for effective prediction of the financial instruments prices. In this article we present you a case study of how including data from emotive analysis affects the process of forecasting price trends of financial instruments. Emotive analysis. Emotions in everyday life Emotions have one of the most important functions in our lives. It is under
How do our predictions for the cryptocurrencies are made? Below we present a schematic description of the model used in the process of forecasting cryptocurrencies trend, from the stage of data collection, through analysis, to the final results. Cryptocurrency predictions. Data aggregation Behavioral data (textual mentions) Text data (mentions) are continuously collected from the most valuable internet sources such as
8 basic emotions. Why so many? In this read we want you to meet the idea behind the unique solution that we came up with. It works wider than popular sentiment analysis tools used today for monitoring internet activities and more. Why? Instead of measuring sentiment, we focus on emotions. What does the emotion analysis offer that sentiment analysis does
In the morning hours of 13 May, a significant drop in the Bitcoin exchange rate was recorded. The “Sentistocks” tool
On April 26, between 00:00 and 07:00 UTC, there was a significant increase of 8.6% in the BTC exchange rate.
On April 18, between 01:00 and 05:00 UTC, there was a significant – nearly 9% – drop in the price
For quite some time now, we have been presenting the results of the trend prediction of the average Bitcoin exchange
The Sentistocks tool allows predicting the average rate of BTC. It works by finding correlations between changes in the intensity
For the past year, we have been testing a prediction model for the average price of BTC over a 24-hour
On 28th of August 2020, we announced our cooperation with Coinpaprika.com, where you can find Sentistocks widget for daily Bitcoin
Since October 2020 we have been testing prediction models of average BTC price in the time intervals of 8 hours,
Emotive analysis is a new tool for effective prediction of the financial instruments prices. In this article we present you
How do our predictions for the cryptocurrencies are made? Below we present a schematic description of the model used in
8 basic emotions. Why so many? In this read we want you to meet the idea behind the unique solution