Bitcoin Forecast Based on Pattern Recognition: Returns up to 71.12% in 7 Days

Bitcoin Forecast

This Bitcoin Forecast is part of the Bitcoin Package and is designed for investors and analysts who need predictions, analyzes, quantitative trading, and price prediction information of the best cryptocurrencies to buy. It includes 2 predictions with bullish and bearish signals and indicates the predicted direction in the 7 Days short time horizon period for the best cryptocurrencies options:

Package Name: bitcoin
Forecast Length: 7 Days (12/1/2020 – 12/8/2020)
I Know First Hit Ratio: 40.0%
Bitcoin Forecast

Several predictions in this Bitcoin Forecast part of the Bitcoins package for  7 Days shor time period forecast saw significant returns. The algorithm had correctly predicted 2 out 5 stock movements. The prediction with the highest return was XRP/USD, at 71.12%. The other notable return came from ETH/USD with a return of 8.86%. The package had an overall hit ratio of 40.0% 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 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.