🐒 ONLINE USERS AT POLONIEX BITCOIN PRICE correlation I started collecting data on online users at poloniex . I try to collect the data about the same time every day. I was thinking it would be interesting to see how the amount of users increase or decrease with the Bitcoin price .
BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
🐒 I may have isolated a possible chart pattern showing the possibility of Bitcoin rising in price . The pattern works like this one would purchase Bitcoin when Polinex users ( Blue Column ) Fall Below 40,000 for the first time after being above 40,000 we can look for a rise in Btc price . Then to exit the trade one would sell the position when Polinex users ( Blue Column ) Rise back Above 40,000 .
Below are the results of using Bitcoin Trading System #1.
BITCOIN USERS BUY PATTERN
|DATE||BUY PRICE||SELL USERS BACK ABOVE 40,000||PROFIT / ( LOSS)||Cumulative P/L|
|5/24/2017||$ 2357||$ 2806||$ 449||$ 449|
|5,27,2017||$ 2040||$ 2273||$ 233||$ 682|
|6/22/2017||$ 2668||$ 2700||$ 32||$ 714|
|6/30/2017||$ 2537||$ 17,250||$ 14,713||$ 15,427|
|12/16/2017||$ 18,320||$ 19,847||$ 1,527||$ 16,954|
|12/26/2017||$ 15,169||$ 15,770||$ 601||$17,555|
|12/31/2017||$ 13,085||$ 13,655||$ 570||$ 18,125|
🐒 To date The Bitcoin TRADING SYSTEM # 1 has 7 trades 7 profits and 0 losses for a 100.00% accuracy and $18,125 profit per Bitcoin traded.
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🐒 Hold LONG POSITION using this system
Time I collect the data (7:00 AM EST)