Best Cryptocurrencies Based on Algo Trading: Returns up to 9.87% in 7 Days

Best Cryptocurrencies

The Bitcoin Package is designed for investors and analysts who need predictions for the Best Cryptocurrencies. It includes 10 predictions with bullish and bearish signals and indicates the predicted direction in the given time horizon for the cryptocurrencies:

Package Name: bitcoin
Forecast Length: 7 Days (6/20/2021 – 6/28/2021)
I Know First Average Return: 15.75%
Best Cryptocurrencies
Best Cryptocurrencies chart
10 out of 10 top stock picks from the algorithm decreased as predicted for this 7 Days forecasting period. BCH/USD saw monumental price change of 9.87% in just 7 Days. LTC/USD, and DOGE/USD also had excellent performances with returns of 10.56% and 11.08% respectively. Finally, good returns could also come from short positions held on the rest of successfully predicted assets, providing positive gains over the same forecast period.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Signal: This indicator represents the predicted movement direction/trend; not a percentage or specific target price. The signal strength indicates how much the current price deviates from what the system considers an equilibrium or “fair” price.

Predictability: This value is obtained by calculating the correlation between the current prediction and the actual asset movement for each discrete time period. The algorithm then averages the results of all the prediction points, while giving more weight to recent performance. As the machine keeps learning, the values of P generally increase.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.