Bitcoin Forecast Based on Predictive Analytics: Returns up to 107.59% in 1 Month

Bitcoin Forecast

The Bitcoin forecast Package is designed for investors and analysts who need predictions of the best cryptocurrencies to buy. It includes 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 (12/20/2020 – 1/20/2021)
I Know First Hit Ratio: 100.0%
Bitcoin Forecast

For this 1 Month forecast the algorithm had successfully predicted 5 out of 5 movements. The top-performing prediction in this forecast was ETH/USD, which registered a return of 107.59%. The other notable return came from BTC/EUR with a return of 54.33%. The package had an overall hit ratio of 100.0% 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.