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).

 

One-hour

 

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.