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Re: (new tool) Bitcoin prices & psychological levels nearby - btc.hopto.org
by
renepost
on 10/11/2017, 09:39:26 UTC

Hello Andreas,

Nice idea, too bad it is discontinued! My main question is: did it help you or someone else to better anticipate market movements?

What I completely agree on, is that there is a lot (say 90%) of mass-psychology going on in this market. Especially with the trading volumes I watch with www.pairtracker.com I see crazy things: sometimes volumes of a certain pair go up by 850% within three minutes! Often others are alerted as well, and a tokens daily volume can easily grow a hundredfold or more within a few hours - with predictable effect on price.

Am curious what your experiences are with your tool; Pairtracker is my project but I think we're trying to solve the same equation here ;-)

Best, René (NL)