Bitcoin Price Prediction Based on Algo Trading: Returns up to 20.12% in 1 Month

Bitcoin Price Prediction

The Bitcoin Price Prediction 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: 1 Month (7/12/2020 – 8/12/2020)
I Know First Hit Ratio: 100.0%
Bitcoin Price Prediction

The algorithm correctly predicted 2 out 2 of the suggested trades in the Bitcoin Package for this 1 Month forecast. BTC/EUR was the top performing prediction with a return of 20.12%. The other notable return came from USD/BTC with a return of 20.22%. The package itself saw an overall return of 100.0%, providing investors with a ###CVSTABLE1-PREMIUM###% premium above the S&P 500’s return of ###CVSTABLE1-BENCHMARK###% for the same time 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.