Bitcoin Forecast Based on Predictive Analytics: Returns up to 2.1% in 3 Days

Bitcoin Forecast

Bitcoin Forecast is part of 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: 3 Days (10/16/2020 – 10/20/2020)
I Know First Hit Ratio: 2.55%
Bitcoin Forecast

During the 3 Days forecasted period several picks in the Bitcoin Package saw significant returns. The algorithm had correctly and great predicted 2 out 2 returns. BTC/EUR was the top performing prediction with a significant return of 2.1%. The other notable and significant return came from USD/BTC with a return of 3.0%. The package saw an overall yield of 2.55% versus the S&P 500’s return of ###CVSTABLE1-BENCHMARK###% implying a market premium of ###CVSTABLE1-PREMIUM###%.

Exchange rates for Bitcoin to European Euro

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 2 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.