Bitcoin Forecast Based on Deep-Learning: Returns up to 27.85% in 7 Days

Bitcoin Forecast

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: 7 Days (1/26/2021 – 2/2/2021)
    I Know First Hit Ratio: 70.0%
    Bitcoin Forecast

    In this 7 Days forecast for the bitcoin Package, there were many high performing trades and the algorithm correctly predicted 7 out 11 trades. The prediction with the highest return was XLM/USD, at 27.85%. The other notable return came from ADA/USD with a return of 23.31%. The package had an overall hit ratio of 70.0% during the period.

    Exchange Rate of Stellar Lumens to U.S. dollarXLMUSD BIT

    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 11 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.