“Sentistocks” has predicted a rise in the BTC exchange rate on April 26, 2021
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 direction and strength of the predicted trend was compared.
Prediction in 1-hour intervals
(Data for hourly price predictions is available for traders cooperating with Sentimenti).
The clear upward trend of the BTC price occurred on the night of 26 April. The expected rise was already visible in the 00:00 prediction made at 23:00 (April 25). The chart shows that in the next hour the price will exceed the value determined by the SMA, which indicates the expected uptrend. The 23:00 hour was the first hour to take a long position in BTC.