BNC Weekly Bitcoin Twitter Statistics: 3rd March
With sentiment continuing to be a significant factor in the price and momentum of digital assets, Brave New Coin has launched a weekly Bitcoin ‘Twitter Sentiment’ infographic - providing at-a-glance insight into the dominant weekly narrative in Bitcoin’s Twitter-sphere.
Launching this week, the Bitcoin sentiment data is a result of 18 months of work by BNC Research. Over 34 million tweets are analysed on a weekly basis by BNC’s language detection AI algorithms which search for tweets that contain ‘#bitcoin’, ‘bitcoin’, ‘$BTC’, ‘BTC’ and a few other key phrases in the body of the tweet.
40 million tweets boiled down to a single infographic
The results are then characterized as falling into one of seven categories.
Opinion: Tweets with ‘opinion’ words but few theoretical insights.
Technical: Broadly the Technical Analysis category.
Onchain: Tweets covering subjects like mining, hashrate, stock-to-flow etc.
Ad: Promotional tweets. Typically connected to exchanges and crypto sector companies self-promoting.
Bots: Tweets not sent by humans. Often tied to scams and giveaways.
Macro: Tweets by governments, major banks and similar institutions. Macro-type statements with the ability to impact sentiment.
Hack events: Tweets discussing hacks or network fork issues.
Opinion Tweets total (last week)= 40327208
Onchain Tweets total (last week)= 23512739
Technical Tweets total (last week)= 30743680
Ad Tweets total (last week)= 16662581
Bot Tweets total (last week)= 11481332
OhNoCrypto
via https://www.ohnocrypto.com
Aditya Das, Khareem Sudlow
