Bitcoin Forecast Based on Big Data Analytics: Returns up to 84.49% in 7 Days

Bitcoin Forecast

The Bitcoin Forecast Package is designed for investors and analysts who need predictions of the best cryptocurrencies to buy. It includes 4 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 (11/29/2020 – 12/7/2020)
I Know First Hit Ratio: 75%
Bitcoin Forecast

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 3 out of 4 stock movements. The top-performing prediction from this package was ETH/USD with a return of 9.95%. The other notable return came from USD/BTC with a return of 8.31%. The package had an overall hit ratio of 75% during the period.

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 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.