Bitcoin Forecast Based on Algo Trading: Returns up to 139.27% in 1 Year

Bitcoin Forecast

This Bitcoin Forecast is part of the Bitcoin Package is designed for investors and analysts who need predictions of the best cryptocurrencies to buy. It includes 2 predictions with bullish and bearish signals and indicates the predicted direction in the given time horizon for the cryptocurrencies:

Package Name: bitcoin
Forecast Length: 1 Year (11/24/2019 – 11/24/2020)
I Know First Hit Ratio: 100.0%
Bitcoin Forecast

For this 1 Year forecast the algorithm had successfully predicted 2 out of 2 movements. BTC/EUR was the highest-earning trade with a return of 139.27% in 1 Year. The other notable return came from USD/BTC with a return of 61.2%. The package had an overall hit ratio of 100.0% during the period.

Exchange rates for Bitcoin to European Euro

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

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 2 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.

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