This has turned out to be a correct, major reversal signal, with Bitcoin rising from 3400 USD at the time to 8300 USD in middle of May 2019.
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Were you surprised by recent fall of Bitcoin from $8300 to $7060?
Did you know that the social media sentiment of Bitcoin already significantly cooled when Bitcoin was still at 8000 USD?
We calculate social media sentiment with machine learning from millions of social media posts each day.
Bitcoin sentiment recently collapsed while Bitcoin was still trading at around 8000 USD and sentiment fell to levels last seen when the Bitcoin was around 6000 USD (for details please
see our tweet).
Bitcoin price declined soon after. Although catalysts can be different, social media sentiment has in the past shown to be a useful indicator for assessing both potential bull and bear moves in the crypto markets.
Would like you to know what is sentiment of Bitcoin right now, bullish or bearish?
Our platform gives you cutting edge analytical tools that are needed for staying on top of the cryptocurrency markets.
Each day, we analyze millions of social media posts and market-moving news, calculating buzz and sentiment about individual coins in real-time to give you an edge over your competition.
We built a sophisticated AI engine to automatically detect major chart patterns on hundreds of cryptocurrencies each day.
Enter your portfolio and use our risk management and historical simulations to get range estimate of potential profits and possible drawdowns.
Selected Case Studies
Average sentiment of top 10 cryptocurrencies is now back to levels seen in April and May 2018. animal spirits are getting back. pic.twitter.com/nE7i31BYgY— Bittsanalytics (@bittsanalytics) March 16, 2019
In middle of March 2019, average social media sentiment of top 10 cryptocurrencies reached levels last seen in April 2018 (see our tweet from March 16th 2019). Since this intermediate major bullish continuation signal, Bitcoin rallied by 100% from around 4000 USD to 8300 USD in the next two months.
To gauge the overall market we have developed a market indicator based on daily changes of sentiments of top 10 cryptocurrencies. It worked surprisingly well in many cases in the past and also gave correct warning signals in October 2018, with bitcoin at 6500 USD (about a month before the price collapse).
We automatically detect chart patterns for hundreds of coins each day. They have proven valuable in past trading. See how Bitcoin price fell after encountering top pattern line for the third time, falling from 11900 USD and 9900 USD, respectively.
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A unique combination of advanced frameworks (machine learning, deep learning, NLP, etc.) applied on the Big Data of cryptocurrencies
Bitts Analytics is based on a wide set of software solutions developed by our company Alpha Quantum.
These technologies were integrated into BittsAnalytics allowing us to offer our users a wide array of advanced features:
- Cryptocurrency Technical Analysis
- Social Media Sentiment and Mentions Analytics
- Blockchain Analysis (Rich lists, large movements)
- Artificial intelligence algorithms applied on pricing and news data
- Alerts based on pricing, volume and sentiment data
- Cryptocurrency News
- Performance measurement
- Portfolio Optimisation
- Digital Aisistant AiDA
- Risk Management
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BittsAnalytics allows you to set up and track you own personalised portfolio.
Our analytics tools allow you to easily us track the changes in portfolio value
as well as individual cryptocurrencies of the portfolio.
To better understand the potential of your personalized portfolio we provide you with historical simulations.
Our Risk Management tools such as risk attribution will help you understand where are the main risks hidden in your portfolio. Risk metrics such as VaR and Maximum drawdown will help you understand possible losses in adverse scenarios.
Prices of many assets are influenced by the hype and number of social media mentions about them. Often it is very worthwile to know which cryptocurrencies are the main talk of the financial world or which
are experiencing a sudden surge in interest. You can get this information with our BittsAnalytics.
We are calculating number of mentions for cryptocurrencies in social media to find surges in interest as well as deliver historical comparisons and analysis. BittsAnalytics can thus serve as a very effective crypto social media tracker of cryptocurrencies.
Prices of certain assets are importantly driven by the sentiment and hype about them. By subscribing to BittsAnalytics you can easily access cryptocurrency sentiment data in real-time
and in historical chart. We provide you with Bitcoin Sentiment Index, Ethereum Sentiment Index and sentiment indices for all other cryptocurrencies.
We also provide you with powerful analytical tools so you can easily get important insights from our sentiment data. For examples of how real-time sentiment can serve as trading signals (what we call "BittsSignals") please visit our blog posts about BittsSignals. All of our sentiment data is also available as API.
Crypto like other investment markets is also susceptible to phases of greed and fear, resulting in large swings of prices.
Compared to stocks, this phenomenon has been more pronounced in the digital assets markets.
To help with assessing the various phases of the cryptocurrency markets we have developed fear index and greed index for bitcoin and other crypto coins.
We have also implemented such indices for the total market.
Read more about performance of Bitcoin Sentiment Indicator in our blog: Bitcoin Sentiment Indicator
We are tracking thousands of news sources each day to find thousands of important and insightful news on cryptocurrencies in real-time.
We categorize news per cryptocurrency so you can easily see all the important news about a given cryptocurrency published in real-time.
Each news is also tagged with sentiment, determined with machine learning based on the text of the individual news. This gives you an additional way of searching for news and providing crypto news sentiment analysis about individual cryptocurrencies. In addition to top market capitalization coins, we also cover hundreds of others, including Litecoin, EOS, Binance Coin, Tether, Stellar, Cardano, Moneto, Dash, Tezos, Ontology, Maker, NEM and others.
We have built a proprietary innovative system for assessing potential bands of resistance using deep learning applied on a vast amount of data we have at our disposal - pricing, trading, social media analytics and news data.
Bittsbands analytics is integrated in our crypto analytics platform helping you analyze possible price movements in different bands. Bittsbands have proven excellent in analysing what may happen with future prices.
For an introduction see e.g. our blog post about recent application on Bitcoin: BittsBands excellent predictor of price movements.
We are using deep learning on a vast and unique sets of data to assess potential bands of resistance in prices and help you in estimating possible price paths.
We have built an advanced system for automated detection of chart patterns and integrated it in our platform. If you do not want to lose your time each day looking
for new chart patterns on thousands of cryptocurrencies but want to have it available each day automatically then BittsAnalytics platform is the right solution for you.
For patterns we will also provide you with advanced statistics such as risk reward ratios. If interested in bitcoin technical analysis or for thousands of other coins then BittsAnalytics is the right solution for you.
We are using machine learning to automatically detect complex chart patterns as part of our cryptocurrency technical analysis. Subscribe to our platform and let us do the chart patterns searching for you.
BittsAnalytics is a high-quality platform which provides real-time, reliable and unique data REST APIs for the cryptocurrency market. We specialise in providing data sets with high impact on prices of digital assets: social media sentiment and social media mentions. Our APIs are used by many hedge funds and individual clients.
Cryptocurrency historical data API
We have been one of the early providers of crypto social media tracker. This allows us to offer our clients long historical ranges for our data, which is essential for building investment strategy models of high quality. We do not offer crypto API tiers based on number of ticker coins. With our plan you get data for all coins tracked.
Use cases include systematic trading (a lot of our clients are hedge funds), market making, big data and data science products, portfolio value tracking.
Our social media cryptocurrency data is delivered to you on-demand using well-documented and simpleHTTP RESTful API in JSON format. You can use our data in various
Access to data is granted upon purchase of our Advanced Plan, which provides you with your crypto api private key.
Free Crypto News API
One of our APIs that we offer for free is cryptocurrency news API. We track in real-time the most important stories related to Bitcoin, Ethereum, Ripple, Cardano, Tron
and many other coins. Each news story is analysed by our machine learning models which determine sentiment polarity of texts.. This allows us to determine sentiment of news both on aggregate levels as well
as for individual coins.
If you subscribe to one of our plans you obtain access to our news aggregator which contains Bitcoin news feed api, Ethereum news feed api and for other coins.
We are believers in customer satisfaction and will provide you with professional support with quick turnaround times.
Sentiment and other data points generated (per month)
combinations of social media posts - cryptocurrencies analysed (per month)
Sentiment and Buzz of Cryptocurrencies - data delayed by 24 hours
(purchase plan for real-time access)
|Cryptocurrency||Symbol||Price||24hr %change||Social Buzz Momentum||Sentiment Momentum||Marketcap (mil. USD)||Price (last 24h)||Buzz (last 24h)||Sentiment (last 24h)||Actions|
|BTC||   Bitcoin||$8078.52||0.3||-188.4||-1.8||143089.1||Buy access (200+ coins, 3-day trial)|
|ETH||   Ethereum||$254.99||-1.8||-179.5||-69.8||27067.7||Buy access (200+ coins, 3-day trial)|
|XRP||   Ripple||$0.404||-2.6||-168.7||43.2||16998.9||Buy access (200+ coins, 3-day trial)|
|BCH||   Bitcoin Cash||$415.32||-2.7||-139.6||44.6||7389.8||Buy access (200+ coins, 3-day trial)|
|EOS||   EOS||$6.32||-1.3||31.7||32.8||5768.4||Buy access (200+ coins, 3-day trial)|
|LTC||   Litecoin||$92.39||-3.3||-118.5||-91.7||5715.4||Buy access (200+ coins, 3-day trial)|
|BNB||   Binance Coin||$29.26||0.0||-69.6||30.9||4130.6||Buy access (200+ coins, 3-day trial)|
|USDT||   Tether||$1.00||0.3||-42.1||-8.6||2878.6||Buy access (200+ coins, 3-day trial)|
|XLM||   Stellar Lumens||$0.137||-3.5||-127.3||60.7||2634.3||Buy access (200+ coins, 3-day trial)|
|ADA||   Cardano||$0.0864||0.5||-133.5||277.0||2239.6||Buy access (200+ coins, 3-day trial)|
|TRX||   Tron||$0.0282||-0.1||-48.9||-28.4||1877.5||Buy access (200+ coins, 3-day trial)|
|DASH||   Dash||$170.69||6.7||-31.3||289.2||1505.0||Buy access (200+ coins, 3-day trial)|
|XMR||   Monero||$88.17||0.1||-167.4||232.9||1498.2||Buy access (200+ coins, 3-day trial)|
|XTZ||   Tezos||$1.67||-7.5||-34.8||89.4||1106.6||Buy access (200+ coins, 3-day trial)|
|ETC||   Ethereum Classic||$7.49||-4.2||52.1||231.9||828.0||Buy access (200+ coins, 3-day trial)|
|XEM||   NEM||$0.0903||-3.2||-84.1||207.2||812.6||Buy access (200+ coins, 3-day trial)|
|NEO||   NEO||$12.37||6.5||5.5||112.6||804.1||Buy access (200+ coins, 3-day trial)|
|ONT||   Ontology||$1.39||-2.0||-66.3||282.1||689.8||Buy access (200+ coins, 3-day trial)|
|MKR||   Maker||$681.55||2.0||-50.7||158.4||681.5||Buy access (200+ coins, 3-day trial)|