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2019-10-17 10:00:33

Twitter sentiment analysis for Bitcoin price prediction

Twitter or rather Twitter sentiment analysis can potentially act as an instrument to be able to determine trade patterns and Bitcoin price prediction. This social media platform could thereby provide information indicative of users’ emotions and feelings. Yet, the question remains: How could prices be predicted in this manner? Speaking in terms of investment, irrespective of whether it’s the price of an asset or currency exchange, there could be several ways to do so. Indications stem from a historical database, displaying whether a similar price has been displayed over time for accurate Bitcoin price prediction. Bitcoin bases itself on the