Bitcoin Price Prediction Based on a Self-learning Algorithm: Returns up to 2.83% in 7 Days

Bitcoin Price Prediction

This Bitcoin Price Prediction 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: 7 Days (10/13/2020 – 10/20/2020)
I Know First Hit Ratio: 2.8%
Bitcoin Price Prediction

This Bitcoin Package forecast had correctly predicted 2 out of 2 stock movements. BTC/EUR was the highest-earning trade with a return of 2.83% in 7 Days. The other notable return came from USD/BTC with a return of 2.78%. The overall average return in this Bitcoin package was 2.8%, providing investors with a ###CVSTABLE1-PREMIUM###% premium over the S&P 500’s return of ###CVSTABLE1-BENCHMARK###% during the same period.

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.