Known for detecting trends in the markets with a very good performance Crypto Bot Real Visionshared the week’s top four portfolio breakdowns. In keeping with Hive Mind, the bot runs a survey each week, generating an algorithm-based portfolio assessment.
For the inexperienced, Hive Mind research gathers information about collective consciousness, behavior, and predicts which direction a group might move in, taking the common ground between a group of people.
Compiling the data of the traders surveyed, Real Vision shared a forecast earlier today on which four cryptoassets can be included in the portfolios of traders who want to earn better returns. Top ranked crypto, with 70% Terra (Luna) it happened. Ethereum (ETH) also shared the top of the list with the same 70%. Also this week, Bitcoin (BTC) is in third place with 67% and Solana (SOL) is in fourth place with 60%.
The algorithm bot has found that altcoins such as Polygon (Matic), Avalanche (AVAX), Cosmos (ATOM), PolkaDot (DOT) and Phantom (FTM) have also managed to break into the top 10 portfolio to diversify.
However, while the above data is shaped by traders’ interests, the Real Vision bot has fit into its portfolio throughout the week. Terra again took the top spot with 31.8%, while Bitcoin took the second place with 23.6%. Third place was Ethereum with 21.2%, while ThorChain (RUNE) placed fourth with 17.3%.
Real Vision Bot is a project jointly developed by quantitative analyst and hedge fund CEO Moritz Seibert and statistician Moritz Heiden.
this week’s @RealVision #crypto portfolios show some interesting differences. While the Exchange voted for a diversified set of tokens, the Bot ramps up #luna and #rune while maintaining high levels of #ethereum and #bitcoins.
What’s your view? Are you diversified or all-in? pic.twitter.com/KJDsHpqaCF
— Real Vision Bot (@RealVisionBot) April 18, 2022
Algorithm Bot Predicts But Crypto Markets Keep Swinging Up and Down
Bitcoin fell below $39,000 yesterday and dragged the entire cryptocurrency market with it. Bitcoin (BTC) It lost 6.5% on average yesterday and created fears of further declines in indices. However, Bitcoin recaptured the losing ground and soon after surpassed $40,000 today and is trading higher.
Following the recovery in Bitcoin, the overall crypto market is also showing signs of recovery today. Also, financial analyst John Squire, a partner at Ojamu, an AI and Blockchain-powered platform, only told Watcher Guru that the market usually drops on Mondays, but sees a gradual increase in the middle of the week. He urged investors not to panic, as yesterday’s decline would not last long.
Squire explained, “Do not lose your cool,” and continued, “Normally on Mondays, Bitcoin tends to fall and will gradually rise again.” He predicted that BTC would trade above $42,000 this week and could push further in price.
At press time, Bitcoin was trading at $40,707 and was up +2.54% in 24-hour day trading.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.