🔴Fake Trading Volumes and the Price of Bitcoin
🔻Based on a report to the US Securities and Exchange Commission, last year, 95% of trading volumes in Bitcoin was fake. Nonetheless, despite Bitcoin’s faked volume, its spot prices are still trustworthy.
Based on research, internet attention and price of bitcoin are indistinguishably connected. The report concluded that “we can affirm that Google trends is a good predictor, because of its high cross correlation value.”
In 2018 a report illustrated that cryptocurrency returns have little exposure to traditional asset classes, such as stocks, fiat currencies and commodities. The researchers indicated that cryptocurrency returns are predicted by two factors: momentum and investor attention.
In the firmament of bitcoin trading, knowing the rules and regulations is essential. By that regard, disciplined investors must be equipped with the Principle of the Prediction, therefore having an indomitable plan may lead you toward your goals.
#counos_news
#Bitcoin
#cryptocu
🔻Based on a report to the US Securities and Exchange Commission, last year, 95% of trading volumes in Bitcoin was fake. Nonetheless, despite Bitcoin’s faked volume, its spot prices are still trustworthy.
Based on research, internet attention and price of bitcoin are indistinguishably connected. The report concluded that “we can affirm that Google trends is a good predictor, because of its high cross correlation value.”
In 2018 a report illustrated that cryptocurrency returns have little exposure to traditional asset classes, such as stocks, fiat currencies and commodities. The researchers indicated that cryptocurrency returns are predicted by two factors: momentum and investor attention.
In the firmament of bitcoin trading, knowing the rules and regulations is essential. By that regard, disciplined investors must be equipped with the Principle of the Prediction, therefore having an indomitable plan may lead you toward your goals.
#counos_news
#Bitcoin
#cryptocu