SYSTEM # 1
π 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 .
π
BLUE COLUMN = USERS CURRENTLY ONLINE AT POLONIEX AT TIME DATA WAS COLLECTED
RED LINE = BITCOIN PRICE AT THE TIME DATA WAS COLLECTED
π 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 . I have placed a Black # 1 within the column at bottom of chart to show when this has occurred.