October was a month of growth in the Bitcoin market. This was also evident in the emotions of investors, which affected its price. Table of contents Senti-Bot results To make it easier to compare the effectiveness of Senti-Bot's performance on the Bitcoin...
Blog
Sentistocks has predicted a BTC fall on May 13, 2021
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...
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...
Did Sentistocks predict the fall of BTC on April 18, 2021?
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...
Bitcoin rate prediction in practice, January 2021
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....
Sentistocks tool in Bitcoin rate prediction
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...
Using emotions in BTC price predictions
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...
SentiStocks Bitcoin widget – UPDATE
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....
85% of effectiveness in forecasting Bitcoin’s price trends? It’s possible.
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....
Emotive analysis as a new tool for more effective prediction of financial instruments
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...
How do our predictions for the cryptocurrencies are made?
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...