Bitcoin Forecast

The Bitcoin Package is designed for investors and analysts who need predictions of the best cryptocurrencies to buy or bitcoin forecast. 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 Month (11/22/2020 – 12/23/2020)
I Know First Hit Ratio: 75.0%

3 out of 4 top stock picks from the algorithm decreased as predicted for this 1 Month forecasting period. BTC/EUR saw monumental price change of 21.9% in just 1 Month. ETH/USD, and USD/BTC also had excellent performances with returns of 4.56% and 20.26% 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 4 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.