🐒 USERS ONLINE 
🐒 ONLINE USERS AT POLONIEX BITCOIN PRICE correlation I started collecting data on online users at poloniex . I try to collect the data about the same time every day. I was thinking it would be interesting to see how the amount of users increase or decrease with the Bitcoin price .
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BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
SUMMARY
🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this when Polinex users ( Blue Column ) fall below 40,000 we can look for a rise in Btc price over the following 24hr . I have placed a Bitcoin symbol at bottom of chart to show when this has occurred. And this has happened now 3 times and so far it has worked 3 for 3 for BTC to rise in price over the next 24 hr's when users fall under 40,000.Below are the results of using this Buy pattern.
BITCOIN BUY PATTERN
| DATE | BUY PRICE | SELL AFTER 24HR | PROFIT / ( LOSS) |
|---|---|---|---|
| 5/24/2017 | $ 2357 | $ 2806 | $ 449 |
| 5,27,2017 | $ 2040 | $ 2273 | $ 233 |
| 6/22/2017 | $ 2668 | $ 2700 | $ 32 |
| 6/30/2017 | $ 2537 | $ |
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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Please voice your opinions in the comments below..
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🐒 ONLINE USERS AT POLONIEX today 37,801
🐒 BUY SIGNAL TODAY FOR BITCOIN and SELL IT TOMORROW MORNING Bitcoin price was $2537 at the time I recorded the data by the time I got mine bought I had to pay $2540.85
DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.
It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.
Thanks me-tarzan I made some good $$$ on your last recommendation I'm going for it again thanks for all the work .
Thanks for that advice
Thank you for putting together such a well written and informative post. I find your thinking to even begin tracking the correlation of these data points to the market price to be quite brilliant frankly.
I would love to keep informed on this matter going forward!
Thank you n0maddrwhat I will be up dating this daily
Nice info, personally I'm a bit hesitant to hold too much Bitcoin until the community has a clearer idea about the direction of the chain after August 1st.
What are you thoughts on the Segwit2x/BIP148/whatever else debate?
I post about the analysis I use to inform my investment decisions; it's largely solid information-based, such as beta releases etc., so I always appreciate the input of chart-watchers :) if you ever wanna chat crypto, hit me up @jhcooper7
I have been selling much of my BTC and buying Steem Because I really have some fear of the whole Segwit2x/BIP148 controversy and I feel Steem has a bright future .
That's an interesting approach! I've been moving into ETH & LTC, but Steem may be a safer bet. It's slightly more detached with a seperate use case completely :)
That is a very interesting form of analysis. I've never seen anyone use this before.
.