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30-Day Bitcoin Price Prediction: Crypto-ML Version 8 Coming Soon!

We are pleased to announce an entirely new 30-day Bitcoin price prediction machine-learning model will be released soon!

Starting in February of 2018, Crypto-ML began publicly providing automated trading based on machine learning predictions. During the peak of the 2021 rally, we shifted to a long-term investing approach. This means the site began its transition from providing trading insights to investing insights.

Over the last 12 months, we’ve focused on releasing Insider Newsletters, where we’ve performed detailed analyses of:

  • The macroeconomy
  • Crypto-ML data
  • News
  • Sentiment
  • On-chain metrics
  • Technical indicators

This is all in an effort to make more informed decisions about our long-term crypto investments.

Now, we are taking this same data and analytics to build an entirely new Bitcoin price prediction machine learning model, which we will be rolling out soon to Insiders (currently $5 per month).

The goal is to have a 30-day Bitcoin price prediction from a machine that’s analyzing the same data we humans do.

Additionally, we will be making our data sets available so that you may run your own experiments and offer improvement feedback.

New 30-Day Machine Learning Predictions

The new price predictions for Bitcoin will look 30 days into the future. That is, you will see the output of machine learning models indicating how much they believe the price of Bitcoin will go up or down.

When trading, you’re looking at capitalizing on short-term price fluctuations. Our previous ML models gathered data on a 15-minute interval and issued trades based on predictions looking 6 and 12 hours into the future. At the macro scale, most data points are not available in 15-minute intervals. This means we relied heavily on exchange-based data, while also mixing in some sentiment data.

But by focusing on longer-term changes, we can now bring in a much more diverse data set. For those of your following our Insider Newsletter, you know what to expect.

The 30-day Bitcoin predictions will be made up of items such as:

  • Economic indicators, such as interest rates, spreads, bond yields, indexes, currencies, and more.
  • Commodities, such as energy, metals, grains, currencies, and more.
  • Crypto technical data.
  • Sentiment, social, and search data.

Machine learning allows us to take this large body of data and let a system parse through to uncover meaningful patterns and generate predictions as new data comes in. These predictions will be free of human interpretation and bias.

Ultimately, it is the machine version of the analysis we provide in our Insider Newsletters.

While letting a machine perform this type of analysis is ideal, there will of course be limitations and no model will predict the future perfectly.

Note: this will replace the current predictions.

Dataset Available

Along with the release of these 30-day predictions, we will make the data available for download and analysis.

Our goal is to provide more value to customers interested in this type of data. This will also give you the chance to experiment and offer your own ideas. By taking this approach, the solution should continuously improve, delivering more and more robust predictions over time.

This data will be available in a transformed state. As with our previous models, we will take raw data and transform it into vectors to give the ML algorithms a sense of context. That is, instead of just saying “Bitcoin is now at $20,000,” our data will be more descriptive, giving a sense of how Bitcoin’s price is moving.

Stay Tuned

The pre-release models have been up and running, meeting our target metrics. We plan on releasing the new predictions within the next few weeks. We’ll continue to provide updates as the release nears.

If you have questions or comments, let us know below!

About Crypto-ML

Crypto-ML provides machine learning for crypto traders and investors. Gain crystal-clear signals and deep market insights. Add predictive capabilities to your toolbox. Learn more and join for free.

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