For the past three months, we have successfully predicted the price of Bitcoin using on-chain data. This month we continue with predictions using N-Beats and WaveNet deep learning models.
- Both models point to an increase in the price of Bitcoin in the coming month.
- WaveNet predicts a 50% chance that the price will range between $100,000 and $120,000.
- N-Beats predicts a price of about $114,000.
- WaveNet also gives a 90% chance that the price will reach between $85,000 and $140,000 by the end of the month.
Exciting times for the cryptocurrency market!