Bitcoin Price Prediction Based on Big Data Analytics: Returns up to 37.53% in 14 Days

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: 14 Days (4/23/2020 – 5/7/2020)
I Know First Hit Ratio: 100.0%
Bitcoin Price Prediction

Several predictions in this 14 Days forecast saw significant returns. The algorithm had correctly predicted 2 out 2 stock movements. The top performing prediction from this package was BTC/EUR with a return of 37.53%. Other notable returns came from USD/BTC with a return of 27.42%. The Bitcoin package had an overall average return of 100.0%, providing investors with a premium of ###CVSTABLE1-PREMIUM###% over the S&P 500’s return of ###CVSTABLE1-BENCHMARK###%.

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 that if you are considering the information mentioned above for trading decisions, you should use the most recent forecast made by the algorithm of I Know First. Get today’s forecast and Top stock picks.