Worried About a Bitcoin Crash? Check Out Bitcoin Bubble Burst.

Way back in the dying days of the 2000s, I became convinced that the phrase “there’s an app for that” would soon be taken literally about absolutely anything. Soon, no matter what fool thing you could come up with, there would be an app for it. Now, there’s an app for predicting a bitcoin crash, called no less than “Bitcoin Bubble Burst.”

With bitcoin already skewing past the $12,000 range, there are some that believe bitcoin could ultimately go as high as $1 million, particularly if this cryptocurrency manages to catch on, go mainstream, and challenge the gold markets. There are others, of course, who believe quite the opposite, that when you’ve got pole dancing instructors becoming bitcoin gurus, it’s time to abandon ship with your gains intact.

Enter Bitcoin Bubble Burst, an app that takes into account a variety of factors—including price fluctuations, news reports, and social media sentiment—to analyze the market and predict the likelihood of a crash about to happen.

It uses artificial intelligence along with deep learning algorithms to carry out this analysis and ultimately present a picture of the cryptocurrency as it sits at any given time. Naturally, no app is capable of predicting the future with any kind of accuracy—if such tools were available, they likely wouldn’t be released publicly—though reports suggest that the app has already successfully predicted changes to within a few dollars, which is pretty good percentage-wise. Plus, as the system evolves and uses more data to base its predictions, the predictions should get better yet.

This is actually similar to what’s going on every day in businesses, turning to functions known as analytics. Systems are taking huge amounts of data and running these through analysis operations, attempting to spot patterns and, in turn, offer up actionable insights for users. There’s a certain amount of guessing here, but it’s largely educated guessing, based on what’s happened previously under certain conditions.

In the end, educated guesses—especially those backed by more data than your average human could read in a lifetime—are better than straight guesses, and with Bitcoin Bubble Burst, educated guesses are pretty much what’s on tap.