Research Shows Forum Comments Can Predict Bitcoin’s Price With Over 80% Accuracy

Research Shows Forum Comments Can Predict Bitcoin’s Price With Over 80% Accuracy A research paper published last week shows that forum user comments can be used to predict the value fluctuation of bitcoin to an accuracy of over 80 percent. Study Funded by Korean Government A research paper entitled “When Bitcoin encounters information in an…

Bitcoin Price Technical Analysis: Breakout Accomplished

Bitcoin Price Technical Analysis: Breakout Accomplished   Bitcoin price consolidation became tighter and finally managed to breakout on the upside. Bitcoin Price Key Highlights After being stuck in consolidation bitcoin price gained enough momentum to have a break and set the general direction. The longer-term uptrend remains intact and it remains to be seen whether a larger pullback…