news

bitcoin

1 X bitcoin bitcoin =

Monday

20 September 2021

Quant Explains How Gemini Netflow Can Predict Bitcoin Tops

Quant Explains How Gemini Netflow Can Predict Bitcoin Tops


smart summary beta

Quant explains how there may be a correlation between the Gemini Bitcoin netflow and BTC price tops, based on pattern of the last few years.

The below chart shows the trend for the Gemini BTC netflow over the past few years after applying a 30-day moving average (MA):.

Here, the BTC price peak wasn’t made until 23 days after the Gemini netflow started declining?

Going by these cases, there does seem to be a correlation between the Gemini netflow declining after forming a peak and the Bitcoin price top.

Here is a chart showing the trend in the price of the coin over the last three months:

Goto Full Article

bitcoin bitcoin price

$47407.00

24h

Live Average

bitcoin

News Article Sentiment

negative

Score (-0.1)

Article Metadata

author

site

newsbtc
Market data feeds provided by cryptocompare.com
bitsmart 2021