Bitcoin Price Prediction Based on AI: Returns up to 16.43% in 7 Days

Bitcoin Price Prediction

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

Package Name: bitcoin
Forecast Length: 7 Days (12/9/2020 – 12/16/2020)
I Know First Hit Ratio: 100.0%
Bitcoin Price Prediction

For this 7 Days forecast the algorithm had successfully predicted 5 out of 5 movements. ETH/USD was the highest-earning trade with a return of 16.43% in 7 Days. The other notable return came from BTC/USD with a return of 16.38%. 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.