Positive Tweets for Bitcoin, it was on Twitter since 2017

The Bitcoin appears to be in increasingly positive light, as is clear from the current data to the digital asset when The TIE is apparent.

The Bitcoin Sentiment rose to its highest level since the rate rally in the year 2017, which culminated in an all-time high of US $ 20,000.

TIE a firm to the investigation of alternative data for crypto-Assets, published data, from which a peak in positive Tweets with respect to the Bitcoin show. The platform comes to the conclusion that the positive messages of the Bitcoin after the third Halving of the leading crypto-currency have reached the 12.05.2020 the highest level.

The service provider data does not show that the investor Outlook for Bitcoin fails, currently not as positive as in the year 2017.

In the crypto world, TIE is one of the Top data providers in addition to Glassnode, CoinMetrics or Skew. The experts of TIE-in coming to your analysis, to the fact that the daily “Sentiment Score” of Bitcoin in the 30-day average reached its highest level since records began.

Away from the note to the highest positive sentiment since 2017 revealed The TIE that the “average 30-day Tweet volume in Bitcoin in addition, the highest level in 2020 has reached“.

The 30-day average on the basis of the total number of optimistic reviews and compares these with the amount of pessimistic or negative reviews. The two important metrics, mood and volume, the current data clearly showed the new highest level of the previous readings.

17. May, for example, published a User 31.111 Tweets that included the terms “Bitcoin” and “Halving”.

A new impetus to the Bitcoin received on Twitter also, thanks to Harry Potter author J. K. Rowling. She asked the Community for help and explanation around the Bitcoin. This led Twitter to the veritable Explosion of positive reactions to the technology. As expected, declared many Users of the theme, based on metaphors related to the world of wizards.

CEO-TIE Joshua Frank notes, the data is “extremely optimistic attitude” of the crypto market showed the Bitcoin. According to Franks, the platform observed also a correlation between Bitcoin price movements in the days before the Halving in the last week, as well as the volume of positive Tweets on Twitter.

TIE has still to new conversations around the Bitcoin, in which the Coin as a “digital Gold” is referred to. This was probably due to the uncertainty of many investors due to the COVID-19 pandemic and the associated search for safe investment ports.

After its Low at 8,100 USD before the Halving, climbed up Bitcoin to a High of 10,000 USD. The crypto-currency has returned to a trading level of more than 9,500 USD, while the precious metal Gold recorded a price of 1,765 USD per Troy ounce, a 7-year High.