Bitcoin Price Prediction Based on AI: Returns up to 29.23% in 14 Days

Package Name: Bitcoin
Recommended Positions: Currencies
Forecast Length: 14 Days (06/19/2019 - 07/03/2019)
I Know First Average: 100.00%

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Bitcoin Price Prediction

Bitcoin Forecast: The Mystery, The Future, The Present

This Bitcoin forecast article was written by Ari Herzog, a Financial Analyst at I Know First

(Source: Pxhere.com)

Executive Summary

  • Bitcoin’s transactional verifiability, yet personal privacy, lead to its rise in popularity and is what separates itself typical fiat currencies
  • Bitcoin is reliant on the people using it to become more secure, thus providing an alternative to the need for a centralized authority
  • Bitcoin traders vary on style and exchange preference based on their level of experience and tolerance for risk
  • Bitcoin’s 77.68% rise in price over three months of Bitcoin forecast earlier this year was correctly predicted by I Know First’s predictive market algorithm in January

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Bitcoin Price Prediction Based on AI: Returns up to 24.76% in 1 Month

Package Name: Bitcoin
Recommended Positions: Long
Forecast Length: 1 Month (06/02/2019 - 07/02/2019)
I Know First Average: 24.70%

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Bitcoin Price Prediction

Bitcoin Price Prediction Based on Deep Learning: Returns up to 26.86% in 7 Days

Package Name: Bitcoin
Recommended Positions: Currencies
Forecast Length: 7 Days (06/21/2019 - 06/29/2019)
I Know First Average: 100.00%

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Bitcoin Price Prediction

I Know First Evaluation Report For Bitcoin Forecasting Performance

Executive Summary

In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for Bitcoin currency pairs with time horizons ranging from 3 days to 3 months, which were delivered daily to our clients. Our analysis covers the time period from 1 January 2019 to 25 June 2019. Below, we present our key takeaways from applying our algorithm to determine the predicted direction in the given time horizon for Bitcoin currency pairs:

Bitcoin Currency Pairs Highlights:

  • The best returns were obtained in the 1-month and 3-months time horizons, providing an average return of 77.68% in the 3-months time horizon.
  • The best hit ratios were similarly obtained for the 1-month and 3-months time horizons, with the best hit ratio being 93% for the 3-months time horizon.

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Bitcoin Price Prediction Based on Artificial Intelligence: Returns up to 12.25% in 3 Days

Package Name: Bitcoin
Recommended Positions: Long
Forecast Length: 3 Days (06/16/2019 - 06/20/2019)
I Know First Average: 100.00%

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Bitcoin Price Prediction

Bitcoin Price Prediction Based on Big Data Analytics: Returns up to 20.13% in 14 Days

Package Name: Bitcoin
Recommended Positions: Long
Forecast Length: 14 Days (06/05/2019 - 06/19/2019)
I Know First Average: 100.00%

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Bitcoin Price Prediction

Bitcoin Forecast Based on Big Data: Returns up to 125.13% in 3 Months

Package Name: Bitcoin
Recommended Positions: Long
Forecast Length: 3 Months (03/14/2019 - 06/14/2019)
I Know First Average: 100.00%

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Bitcoin Forecast