No, they can't predict what will be the price of any crypto or bitcoin.
The price of Bitcoin is unpredictable no one could predict what will be the price of Bitcoin in the next day or a week or even a month.
The price of Bitcoin always depends on demand and supply it could also affect by the news and market manipulation so do you think a bot or a machine learning tool could predict the price of Bitcoin?
For me no, it can't predict them it would be better if you can analyze the market with your own FA and TA is always the best than using a bot to predict the price of Bitcoin.
Topic: Can Machine Learning truly predict Bitcoin's price? - page 5. (Read 548 times)
There might be a possibility, but I'm not banking on it. We have seen a lot of AIs and machine learning projects that went south real fast, and this might be the same case for AIs and algorithms that try to predict bitcoin's price: smooth sailing initially, then after a while, it will meet turbulent winds that will ultimately cause it to fail. They can claim that what they're doing is bound to hit the right targets 99% of the time, but I'll only believe if they make serious money out of the algorithm that they produced.
YouTube videos are heavily condensed to fit the desired timeline and in doing so ended up with convoluted facts or sometimes misinformation, what I'm trying to say is that no matter how many videos you watch, it doesn't make someone an expert, the best thing that it can ever do is pique your curiosity and make someone pursue to learn more in depth knowledge.
I've watched a lot of YouTube videos and read a lot of articles that claim that you can predict the Bitcoin price with Machine Learning and artificial intelligence like using some algorithm. Truth be told it is both intriguing and almost at the same time confusing. Personally, I don't think any ML or AI tech can make any price prediction now because we have a lot of whale manipulation (because the market size is smaller than any other market). Well, while I may be wrong I would like to know what you think. Have you ever gotten a satoshi richer by following the prediction of an algorithm?
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