Bitcoin Forecast Based on Machine Learning: Returns up to 63.08% 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 Bitcoin forecast and 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 (12/30/2020 – 1/6/2021)
I Know First Hit Ratio: 80.0%
Bitcoin Forecast

I Know First’s State of the Art Algorithm accurately forecasted 4 out of 5 trades in this bitcoin Package for the 7 Days time period. The prediction with the highest return was ETH/USD, at 63.08%. The other notable return came from BTC/EUR with a return of 32.81%. The package had an overall hit ratio of 80.0% during the period.

Exchange Rate of Ethereum to U.S. DollarETHUSD 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 5 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.