AMA: Why don’t you make a prediction for bitcoin?
CryptoIndex is a tool for exposure to the crypto market and serves as a smart benchmark for all cryptocurrencies. The AI-based Cryptoindex algorithm is continuously analyzing more than 2000 coins applying over 200 factors, processing more than 1 million signals per second to provide a highly sophisticated index of the top 100 coins.
Dear friends,
We got several questions: Why don’t you make a prediction for bitcoin? Today, in our AMA(Ask Me Anything) rubric, we will answer this question.
The first and main factor why we do not make predictions for bitcoin is because our system uses it as a benchmark and it measures the value of coins.
Also, our system processes huge tons of information and all the information collected is equal to the information that we could collect about bitcoin, and therefore this is additional terabytes of data.
Perhaps in the future, we will be able to make forecasts for Bitcoin and new digital currencies. In the meantime, follow our news!
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The AI-based CryptoIndex algorithm is constantly learning by consuming huge amounts of data rapidly making decisions and choices that humans would struggle to match.
You can always check the current CIX100 composition on our website.
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