Social Sentiment And The Bitcoin Price


“Social media” is a gigantic umbrella term that nobody can precisely define. Twitter, Reddit, Facebook, 4Chan, you name it. It doesn’t matter if it’s a worldwide platform or a tiny forum chat; if it connects users over the internet, it’s social media.

On sites like Twitter, users are separated into tiers of opinion authority based on followers and likes. Those that achieve the greatest opinion authority are recognized with the coveted blue checkmark. These blue checkmarks are a badge of authority, which causes an influencer’s recognition to continue growing exponentially.

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