Bitcoin is the best pick today of our Robot. It has a short term probability of upside of 59,71% and a monthly expected return of 18%.
Last December 6th RAC was suggesting again Bitcoin (BTC.CRY) giving it a good upside probability of 59,01% and a target price of 12.250$. Now BTC price has overcomed 13.000$ and for the Robot in the short term could reach 15.000$.
Bullish Bitcoin trend
RoboAdvisorCoin has signaled for the first time the bullish Bitcoin trend last August 31. At the time, the crypto was priced at $ 4,600 and our Robot assigns him a chance to rise short of 56.28% with a short-term target price of $ 5290.
RAC continued to report Bitcoin as a crypto to target again on October 5, giving it a very good short-term upside probability of 58.19% and again on October 13th. On October 15, the Robot unbalanced a target price of $ 6855 for the middle of November while on October 19 raised its short-term target price forecast by pushing it up to $ 7,000.
Even today RAC continues to suggest that Bitcoin remains a buy for the Robot. For Robot, in fact, it remains a buy and is also slightly improving its probability of upswing in the next four weeks, now equal to 55,83%. For this reason, our Robot confirms the target at thirty days in the 8500/9000 $ area for Bitcoin.
RoboAdvisorCoin (RAC), the first Robo-Advisor exclusively dedicated to the world of cryptocurrencies and digital assets has officially opened its Initial Coin Offering (ICO): www.roboadvisorcoin.com RAC aims at empowering users with accurate real-time forecasts and statistical analyses related to the fast-evolving market of cryptocurrencies and digital assets.