April has passed and we have collected the statistics and results of the Alphacat “BTC Daily Forecasting” application. The BTC bot has performed predictions for each day of the month of April. Using the rise probability as the criterion, the BTC bot successfully predicted 19 days of results, and its overall accuracy rate reached 63.33%. It is worth noting that in version 2.0.0, which was released on April 4th, we improved the calculation method for the prediction of true rising probability. This enables the user to get a more accurate scientific prediction than before.

The BTC price is collected from Coinmarketcap

To correctly understand the accuracy rate, please refer to the following:

The accuracy rate is based on the probability of the “10 normal trades prediction”, this considers someone making a trade 10 times, and predicts how many of these times the trade would be successful. Since every trade is based on uncertain events in the future, the likelihood of a normal trade being successful is always 50%. However, as shown in April’s retrospective summary, Alphacat’s accuracy forecast for BTC’s 24-hour rise probability has pushed this number, reaching a whopping 63.3%. That means that more than 13% of normal trade probability was reached. If supplemented with the right investment decisions, this extra 13% helps investors achieve smarter and more profitable investment decisions.

Of course, any investment should be carried out by the investor in accordance to his or her own respective position and investment goals. In the near future, we will provide more features in our ACAT Store, such as: investment advice, expert reviews, and a ranking list system. The Alphacat team is constantly optimising, updating algorithms and collecting more data to enrich the ACAT database. More cryptocurrency and real-time forecasts are also in progress. With our continued progress, our aim is to help make your investment decisions as simple as buying a cola.