Bitcoin Price Prediction Based on Algo Trading: Returns up to 41.94% in 7 Days

Bitcoin Price Prediction

The Bitcoin Package is designed for investors and analysts who need predictions of the best cryptocurrencies to buy. It includes 3 predictions with bullish and bearish signals and indicates the predicted direction in the given time horizon for the cryptocurrencies:

BioTech Stocks
Package Name: Bitcoin
Recommended Positions: Currencies
Forecast Length: 7 Days (05/07/2019 – 05/14/2019)
I Know First Average: 100.00%
Bitcoin Price Prediction

This Bitcoin Package forecast had correctly predicted 2 out of 2 stock movements. The top performing prediction from this package was BTCDEEUR with a return of 41.94%. BTC/EUR, and DUMMY had notable returns of 35.27% and 0.00%. The package’s overall average return was 100.00%, providing investors with a 100.00% premium over the S&P 500’s return of 0.00% during the same 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 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.