LONDON, November 23, 2021 / PRNewswire / – GNY, the leading blockchain-based machine learning company, has released the BTC Range Report, which provides some of the most accurate predictions of Bitcoin volatility of any platform or service available today.
GNY.io introduces ML-based Bitcoin prediction tool with market leading accuracy
The BTC Range Report uses proprietary machine learning to predict Bitcoin volatility and has delivered a mean absolute percentage error (MAPE) between 3% and 4%. The tool is the first consumer-facing product offered by GNY and uses specialized neural networks and a custom RSI to generate optimized forecasts for the forecast daily range for Bitcoin. In an exclusive partnership with CoinSniper.net, GNY offers Bitcoin traders a free weekly preview to explore the report and measure the accuracy yourself.
The BTC Range Report is issued every Tuesday and extends over a period of seven days. For the price of only $ 10, it can be bought with ETH or GNY tokens and accessed directly from the user’s metamask wallet. After the first free week of testing exclusively at CoinSniper.net, the report will be available for purchase on the GNY.io website. Version 1 of the GNY BTC Range Report offers:
- GNY’s daily forecast volatility range for BTC as a graph and table
- a forecast of which day will hold the week high and the week low
- Daily volume forecast
- historical daily high and low forecast chart for the past two weeks VS BTC Actuals
- Mean absolute percentage error (MAPE) for historical GNY daily high and low forecasts VS BTC actual values for the last two weeks
How to use the report
The GNY Range Report is not and should not be construed as financial advice. It is not intended to be used to predict future Bitcoin prices, but can be used to track millions of data points to identify patterns in Bitcoin trading. The aim of the GNY Range Report is to provide crypto traders with another data point to approach trading in a more rational and less emotional way. The GNY team will continue to develop the report, share its accuracy and develop additional reports for other tokens in the future.
Phil Anderson at PerceptionA on 044 7767 491 519