[SIM-3867235]

Hello everyone, I am testing out my Keras model for Bitcoin price forecasting. These are my current predictions. Not financial advice.

2021-07-10 to 2021-07-11 Market direction: DOWN

2021-07-11 to 2021-07-12 Market direction UP

2021-07-12 to 2021-07-13 Market direction DOWN

Let's see if they are accurate! :)

[Fountain Of Youth]

Smart people are buying the dips

[SA777OSHI]

Market is so boring that people is making threads of price predictions for a range of 2k,
Nevermind now you edited the thread and it only shows the direction it will go for the next 3 days without price prediction? Ok

[Recon12345]

Did ya get your crystal ball from Costco?

[.Infinity.]

Wow, you expect it to go down, and then up, and then down? That's insane bro you should start a group.

[m8than]

now train your keras model on weekly basiss

[SIM-3867235]

Market is so boring that people is making threads of price predictions for a range of 2k,
Nevermind now you edited the thread and it only shows the direction it will go for the next 3 days without price prediction? Ok

That's not what I'm out for. I engage in a lot of futures high-leverage trading where knowing price movements in a 2k range results in a higher change of making a good trade.

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now train your keras model on weekly basiss

That is the idea :)

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Wow, you expect it to go down, and then up, and then down? That's insane bro you should start a group.

LOL, its about knowing when the market changes direction that is important.

[T0Bi]

That's not what I'm out for. I engage in a lot of futures high-leverage trading where knowing price movements in a 2k range results in a higher change of making a good trade.

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That is the idea :)

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LOL, its about knowing when the market changes direction that is important.

Why did you remove your price targets?

[shreder]

7-10 and 7-11 market up rip lets see next one

[SIM-3867235]

7-10 and 7-11 market up rip lets see next one

So far on the 1hr chart the predictions have been correct.

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Why did you remove your price targets?

Because my model is still very unstable and after three more consecutive tests after posting I got different values but same market directions. Which so far, tells me that market direction is the most accurate.

[Blue Eye Samurai]

What am I even looking at.

[m8than]

So far on the 1hr chart the predictions have been correct.

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Because my model is still very unstable and after three more consecutive tests after posting I got different values but same market directions. Which so far, tells me that market direction is the most accurate.

This is called confirmation bias. Your model is probably correct by mostly luck but you want to believe it actually works even though it doesn't work for the task you set it (predicting prices)

[SIM-3867235]

This is called confirmation bias. Your model is probably correct by mostly luck but you want to believe it actually works even though it doesn't work for the task you set it (predicting prices)

No this is called LSTM Time-series machine learning where a computer learns to predict point in a time-series sequence like price movement. I have revised the model and will add new predictions soon.

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This is called confirmation bias. Your model is probably correct by mostly luck but you want to believe it actually works even though it doesn't work for the task you set it (predicting prices)

The model results in a 60% accuracy of replicating bitcoin movement. You dont 'believe' anything when training a model. You train it and look at the results.

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Update

The original predictions were:

2021-07-10 to 2021-07-11 Market direction: DOWN

2021-07-11 to 2021-07-12 Market direction UP

2021-07-12 to 2021-07-13 Market direction DOWN

Between 2021-07-10 and 2021-07-11 the market dropped 3.7%.

Between 2021-07-11 and 2021-07-12 the market went 3.6% bullish.

Between 2021-07-12 and creation of post the market is down 4.9%.

In conclusion the model has been able to predict market direction but there is still uncertainty whether this was a coincidence or not.

New Predictions

2021-07-13 to 2021-07-14 DOWN

2021-07-14 to 2021-07-15 UP

[m8than]

No this is called LSTM Time-series machine learning where a computer learns to predict point in a time-series sequence like price movement. I have revised the model and will add new predictions soon.

I know what it's called. I'm telling you what your brain is doing lol

[SIM-3867235]

I know what it's called. I'm telling you what your brain is doing lol

Its not confirmation bias when the predictions represented the majority of the market movements.

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Well done!  To compare this with coincidence, the chance of guessing this outcome correctly at random is 12.5%.

Thanks man, I’ve been working on this since August 2020. Even though the model’s simulated accuracy is high, real world accuracy tends to decrease. I will be doing this for a couple of weeks until it would be profitable to invest in accordance to predictions.