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Crypto Market Trends Predictions, Investor Psychology and Social Media Analysis
In the recent crypto turmoil, several analysts have raised questions around the profile and psychology of cryptocurrency users and investors. Some have discussed the pertinence of analyzing how their behavior and psychology is transcribed in the market moves and trends, notably through social media. One of the key points that need to be understood while trying to predict how news and...Understanding mysterious Bitcoin price drops: 3 cumulative hypotheses
Early this morning, the crypto-market broke with the relative stability that had begun to characterize it in recent weeks. To the misfortune of some investors, it did it down. Shortly after 1:00 AM, the price of bitcoin dropped by almost 5% from 6,630 to 6,252 USD in just over an hour. This contrasts with the prior price range, which had been maintained between 6,500 and 6,800 USD since the...