BTC 3-hour forecast. Machine learning.
Dear colleagues and followers,
We are very pleased to announce that we always work hard on improving our models. More precisely, yesterday we made several major improvements with our trading strategies and revised the set of indicators in our models to keep providing you with more accurate up-to-date forecasts to use in trading and research. We would like to announce that we are going to focus on trading Bitcoin from now on as, according to our research, BTC shows more promising opportunities with our renewed models.
This morning it was reported that Bitcoin has seen a well-received 4.5% increase in price over the past 24 hour trading period. The cryptocurrency king is currently exchanging hands at a price of $6728, at the time of writing, bringing the 7-day price increase up to a total of 3.69%. Bitcoin still continues the dominate the cryptocurrency rankings by market cap holding the number 1 position. It currently has a total market cap value of $116.27 billion after Bitcoin finally sees an increase in price over the past 90 trading days totaling 10.51%. The 65-month-old coin is still trading at a value that is 65% lower than its all-time high price as sentiment begins to change towards the bulls favor. (Source: coingape.com/btc-price-analysis-bitcoin-breaks-above-key-resistance/)
According to the recent news, the U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the VanEck and Solid X backed exchange-traded fund, looking to invite more feedback. In the filing, the SEC invited more feedback, despite already receiving more than 1,400 comment letters on a proposal to list an ETF from Van Eck Securities Corp. Bloomberg reported that the SEC was seeking the public’s views on market manipulation, including whether Bitcoin is less susceptible to manipulation than other commodities that back exchange-traded products, and the need for more surveillance in the industry. (Source: btcmanager.com/sec-delays-bitcoin-etf-again-despite-99-percent-of-the-public-being-in-favor/)
The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin and Ethereum in the near future, Bloomberg reported September 21. Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo XP is the biggest financial group in Brazil, comprising companies with various business models. XP has reportedly set a goal to have $1 trillion reais ($245 billion) under custody by 2020, which is four times what the company expects to raise by the end of this year. In addition, XP will launch a bank in the next few months. (Source: cointelegraph.com/news/largest-brazilian-brokerage-to-launch-exchange-for-bitcoin-and-ethereum)
We are pleased to report that our last trade with ETH went brilliantly well. Yesterday the Osiris team bought ETH for 228.74 at 15:15 and sold it later for 242.99 at 18:59, generating us 6.23% return.
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: BTC/USD
High: 6725.0
Low: 6655.0
Close: 6696.8
According to our machine learning models, the system has recommended not to trade within this three-hour period.
Thank you for staying in touch. We are looking forward to your feedback and any suggestions here at TradingView.
We are very pleased to announce that we always work hard on improving our models. More precisely, yesterday we made several major improvements with our trading strategies and revised the set of indicators in our models to keep providing you with more accurate up-to-date forecasts to use in trading and research. We would like to announce that we are going to focus on trading Bitcoin from now on as, according to our research, BTC shows more promising opportunities with our renewed models.
This morning it was reported that Bitcoin has seen a well-received 4.5% increase in price over the past 24 hour trading period. The cryptocurrency king is currently exchanging hands at a price of $6728, at the time of writing, bringing the 7-day price increase up to a total of 3.69%. Bitcoin still continues the dominate the cryptocurrency rankings by market cap holding the number 1 position. It currently has a total market cap value of $116.27 billion after Bitcoin finally sees an increase in price over the past 90 trading days totaling 10.51%. The 65-month-old coin is still trading at a value that is 65% lower than its all-time high price as sentiment begins to change towards the bulls favor. (Source: coingape.com/btc-price-analysis-bitcoin-breaks-above-key-resistance/)
According to the recent news, the U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the VanEck and Solid X backed exchange-traded fund, looking to invite more feedback. In the filing, the SEC invited more feedback, despite already receiving more than 1,400 comment letters on a proposal to list an ETF from Van Eck Securities Corp. Bloomberg reported that the SEC was seeking the public’s views on market manipulation, including whether Bitcoin is less susceptible to manipulation than other commodities that back exchange-traded products, and the need for more surveillance in the industry. (Source: btcmanager.com/sec-delays-bitcoin-etf-again-despite-99-percent-of-the-public-being-in-favor/)
The largest brokerage in Brazil will enter the crypto space by launching an exchange for Bitcoin and Ethereum in the near future, Bloomberg reported September 21. Chief Executive Officer of Grupo XP Guilherme Benchimol told Bloomberg that the company will launch an exchange called XDEX in the coming months, with around forty employees. Grupo XP is the biggest financial group in Brazil, comprising companies with various business models. XP has reportedly set a goal to have $1 trillion reais ($245 billion) under custody by 2020, which is four times what the company expects to raise by the end of this year. In addition, XP will launch a bank in the next few months. (Source: cointelegraph.com/news/largest-brazilian-brokerage-to-launch-exchange-for-bitcoin-and-ethereum)
We are pleased to report that our last trade with ETH went brilliantly well. Yesterday the Osiris team bought ETH for 228.74 at 15:15 and sold it later for 242.99 at 18:59, generating us 6.23% return.
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: BTC/USD
High: 6725.0
Low: 6655.0
Close: 6696.8
According to our machine learning models, the system has recommended not to trade within this three-hour period.
Thank you for staying in touch. We are looking forward to your feedback and any suggestions here at TradingView.
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