LONDON, Nov. 23, 2021 /PRNewswire/ -- GNY, the leading
blockchain based machine learning business, has launched the BTC
Range Report, which will provide some of the most accurate
forecasts around Bitcoin volatility of any platform or service
available today.
The BTC Range Report uses proprietary machine learning to
forecast Bitcoin volatility and has delivered a mean absolute
percentage error (MAPE) of between 3% and 4%. The tool is the first
consumer facing product offered by GNY and uses specialized neural
nets and a custom RSI to generate optimized forecasting for the
projected daily range for Bitcoin. In an exclusive partnership with
CoinSniper.net, GNY is providing Bitcoin traders a free week's
preview to explore the report and measure the accuracy for
themselves.
The BTC Range Report is issued every Tuesday and spans a
seven-day period. For the price of just $10, it can be purchased with ETH or GNY
tokens, and access is provided directly through the user's Metamask
wallet. After the initial free week trial exclusively at
CoinSniper.net the report will be available to purchase on the
GNY.io website. Version 1 of the GNY BTC Range Report offers:
- GNY's daily projected volatility range for BTC as a graph and a
table
- a forecast of which day will hold the weekly high and the
weekly low
- forecast of daily volumes
- historical daily high and low prediction graph for the last two
weeks VS BTC Actuals
- mean absolute percentage error (MAPE) for GNY historical daily
high and low predictions VS BTC Actuals for the previous two
weeks
How To Use The Report
The GNY Range Report is not financial advice and should not be
taken as that. It is not meant to predict future Bitcoin prices but
can be used to track millions of data points to identify patterns
in Bitcoin trading. The goal of the GNY Range Report is to provide
crypto traders with another data point in order to approach trading
more rationally and less emotionally. The GNY team will continue to
evolve the report, share its accuracy, and develop additional
reports for other tokens in the future.
Press Contact
Phil
Anderson at PerceptionA on 044 7767 491 519
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SOURCE GNY.io