Bitcoin neural network analysis week 21/2019: Consolidation at 1 year high

Analysis of past week:
Another strong week for bitcoin and again the network prediction was accurate. In addition we have finally reached a one year high against the dollar. No matter when bought in the last year, bitcoin has beaten the dollar.

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%: 15834.19$ (up 0.5 %)
Holding BTC: 8673.22$ (up 5.8 %)
Network strategy: 9320.94$ (up 5.8 %)
Starting capital: 11497.40$

The fiat strategy is up since most of 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 confirms the current price levels and expects a calmer period of consolidations without any major losses. For the next week the network still sees some quick gains, that however do not last. This forecast is extremely positive and for the first time the network does not longer expect a major correction in the near future.

Since the network is positive for the coming week, the strategy remains to hold 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!