Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
1: bid sum is an excellent predictor of BTC prices. History shows that the two are very well correlated. If it's price that contributes to a rise in bid sum or the other way around is irrelevant.
What you wrote contradicts itself :
you said it is a predictor and then you say you don't know which one leads the other. Correlation is not prediction.