Bitcoin neural network analysis week 31/2019: Still pessimistic ...

Analysis of past week:
Last week was a continuous up and the network failed to predict that. The strategy was bad.

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%: 16643.95$ (up 0.5 %)
Holding BTC: 10986.51$ (up 15.3 %)
Network strategy: 11217.62$ (up 0.5 %)
Starting capital: 11497.40$

The neural network has gotten a small edge above holding bitcoin. Fiat with 30% annual interest is still preferred.

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 does not expect more gains and is rather stable.

The network slightly prefers fiat over bitcoin for the next week, so the strategy will remain sitting on fiat for now.

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!