Bitcoin Price Prediction Based on Data Mining: Returns up to 35.03% in 1 Month

Bitcoin Price Prediction

This Bitcoin price forecast is part of the Bitcoin Package and is designed for investors and analysts who need predictions and quantitative analyzes for the best cryptocurrencies to buy. It includes 2 predictions with bullish and bearish signals and indicates the predicted direction in the given time 1 Month short period term horizon for the cryptocurrencies:

Package Name: bitcoin
Forecast Length: 1 Month (11/1/2020 – 12/2/2020)
I Know First Hit Ratio: 100.0%
Bitcoin Price Prediction

2 out of 2 stock prices in this forecast for the bitcoin Package moved as predicted by the algorithm. The top performing prediction from this package was BTC/EUR with a return of 35.03%. The other notable return came from USD/BTC with a return of 28.79%. The package had an overall hit ratio of 100.0% during the 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.