BTC 3-hour forecast. Machine learning.
Dear colleagues and followers,
We are very delighted to announce that we keep working on improving our models and implementing new trading strategies. More precisely, yesterday we made several major improvements with our trading strategy 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 also would like to announce that we made a decision to trade both BTC and ETH using two different trading strategies we launched yesterday.
This morning it was reported that after a brief struggle to break $6,540, buyers finally gained momentum to push bitcoin price higher against the US Dollar. The BTC/USD pair traded higher and broke the $6,550 and $6,580 resistance levels. There was even a close above the $6,620 level and the 100 hourly simple moving average. Furthermore, the price traded above the 61.8% Fib retracement level of the last slide from the $6,839 high to $6,318 low. (Source: newsbtc.com/2018/09/28/bitcoin-price-watch-btc-usd-targets-new-weekly-high/)
Zebpay, launched in 2015 as an app-only service that quickly became one of India’s most-downloaded bitcoin wallet and exchange apps, has announced the shuttering of all exchange services on Friday following the central bank’s banking ban on the crypto industry. Rumored to be in talks to raise an additional $4 million in funding at one stage, Zebpay is now stopping all exchange services at 16:00 local time on Friday. The move is a direct consequence of a crippling policy introduced by the Reserve Bank of India, India’s central bank, to force all regulated financial institutions – including banks – from offering services to the domestic cryptocurrency industry. (Source: ccn.com/major-indian-bitcoin-exchange-zebpay-shuts-down/)
Squire Mining Ltd. has announced Samsung as the manufacturer for its ASIC chips for Bitcoin mining. The Canadian based company also selected Gaonchips as the firm responsible for its cryptocurrency mining chipset. Gaonchips will work in tandem with Squire’s programmers and developers. Together, they will pioneer the company’s utilization of ASIC chips in Bitcoin mining using wafer process technology. Once the integrated Squire and Gaonchips development team reach an acceptable design threshold, Samsung will begin production of the ASIC chips for preliminary testing. (Source: bitcoinist.com/squire-samsung-asic-bitcoin-mining-chip/)
Yesterday, the Osiris team bought ETH for 218.72 at 15:15 and sold it later that day for 219.19 at 18:40, generating us 0.21% return. No trades with BTC were made yet.
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: 6726.3
Low: 6599.6
Close: 6668.7
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 delighted to announce that we keep working on improving our models and implementing new trading strategies. More precisely, yesterday we made several major improvements with our trading strategy 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 also would like to announce that we made a decision to trade both BTC and ETH using two different trading strategies we launched yesterday.
This morning it was reported that after a brief struggle to break $6,540, buyers finally gained momentum to push bitcoin price higher against the US Dollar. The BTC/USD pair traded higher and broke the $6,550 and $6,580 resistance levels. There was even a close above the $6,620 level and the 100 hourly simple moving average. Furthermore, the price traded above the 61.8% Fib retracement level of the last slide from the $6,839 high to $6,318 low. (Source: newsbtc.com/2018/09/28/bitcoin-price-watch-btc-usd-targets-new-weekly-high/)
Zebpay, launched in 2015 as an app-only service that quickly became one of India’s most-downloaded bitcoin wallet and exchange apps, has announced the shuttering of all exchange services on Friday following the central bank’s banking ban on the crypto industry. Rumored to be in talks to raise an additional $4 million in funding at one stage, Zebpay is now stopping all exchange services at 16:00 local time on Friday. The move is a direct consequence of a crippling policy introduced by the Reserve Bank of India, India’s central bank, to force all regulated financial institutions – including banks – from offering services to the domestic cryptocurrency industry. (Source: ccn.com/major-indian-bitcoin-exchange-zebpay-shuts-down/)
Squire Mining Ltd. has announced Samsung as the manufacturer for its ASIC chips for Bitcoin mining. The Canadian based company also selected Gaonchips as the firm responsible for its cryptocurrency mining chipset. Gaonchips will work in tandem with Squire’s programmers and developers. Together, they will pioneer the company’s utilization of ASIC chips in Bitcoin mining using wafer process technology. Once the integrated Squire and Gaonchips development team reach an acceptable design threshold, Samsung will begin production of the ASIC chips for preliminary testing. (Source: bitcoinist.com/squire-samsung-asic-bitcoin-mining-chip/)
Yesterday, the Osiris team bought ETH for 218.72 at 15:15 and sold it later that day for 219.19 at 18:40, generating us 0.21% return. No trades with BTC were made yet.
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: 6726.3
Low: 6599.6
Close: 6668.7
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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