Bitcoin neural network analysis week 16/2019: The End of the Bear Market

Analysis of past week:
The network was optimistic for the last week, but in reality nothing much happened. In the end prices did fall a bit but not significantly. The most important is that we did hold 5000$.

I am comparing three strategies, first hold fiat and make a small profit elsewhere, hold bitcoin, or follow the network predictions. Since I started documenting my predictions on the blockchain these strategies compare as

Fiat with a weekly profit of 0.5%: 15367.35$ (up 0.5 %)
Holding BTC: 5167.72$ (down 0.6 %)
Network strategy: 5553.65$ (down 0.6 %)
Starting capital: 11497.40$

The fiat strategy is up since the documented time has been a bear market. The neural network has gotten some edge above holding bitcoin.

Forecast:

Red areas are predicted below the current price, blue/yellow areas indicate the expected passive growth, green areas are better than the expected growth. The vertical line is one week into the future and its size provides the prediction variance. The network prediction is smooth as the random noise is filtered out.

The network has completely changed its long time outlook. It does no longer expect a significant correction down for the next month and predicts a consolidation phase above 5000$. For there the logical longer term outlook would be further gains eventually testing the 6000$ region that is a major upwards resistance.

The network is positive on btc. For the coming week I am holding bitcoin over fiat.

This post is not financial advice! I am testing the potential to use neural networks for price predictions and am documenting my results on the blockchain to have provable public results. All prices are based on 0:00 UTC for consistency!