21 Oct 2017

Bitcoin surpasses 6.000$ but it remains a buy for the Robot

RoboAdvisorCoin does not consider the growth cycle of the crypto as over

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RoboAdvisorCoin, which has just launched its ICO, continues to suggest to stay long on Bitcoin again today after the most exchanged crypto in the world has surpassed the 6.000$ threshold, signaling a new price record. According to the Robot, in fact, its probability of growth in the next four weeks remains elevated and confirms Bitcoin’s target in thirty days of 6.900/7.000$.  But Ethereum also remains under the Robot’s radar, the second crypto for market capitalization, confirming the bullish setting of the entire crypto currencies sector.
Bitcoin (BTC.CRY) has grown by 66,85% in the past month, respecting the growth indications of our Robot that has been long on tis crypto for various weeks.
According to RoboAdvisorCoin, however, Bitcoin;s probability of growth remains interesting and equal to 56,04% (a slight decrease with regards to the previous 57,3%) of gaining again in double digits in the short term. The eventual confirmation of the growth movement of the world’s most exchanged crypto would translate in an increasing attention towards the crypto asset class by the international investors and for this reason represents a statistic that that goes beyond the dynamics of just the Bitcoin.
According to the Robot, Ethereum (ETH.CRY), the second principal crypto for market cap, remains intoned towards growth, despite the non optimal performances in the past sessions: -11,64% and +19,02%, respectively, in the past week and the past month. Its probability of upside in the shot term is now equal to 54,52% (in line with the previous 54,48%) but RoboAdvisorCoin assigns it an unexpected potential return in a month that is better than that of the Bitcoin and equal to 22,45%.
This is today’s analysis of the first RoboNews dedicated to the crypto currencies and tokens. SteadyWealth’s artificial intelligence now offers its daily predictions on the price perspectives of around 860 crypto currencies and tokens by assigning to each of them a specific expected percentage movement. It is the first Robo-Advisor service in the world that is linked to crypto-assets and has been launched because SteadyWealth retains that this is the best moment to apply the predictive algorithms of its technology to the crypto currencies. To understand better, to have improved info to utilize to decide what to do and to offer predictions and research in the short term that are useful to those interested in trading.