BTC 3-hour forecast. Machine learning.
Dear colleagues and followers,
We at Osiris Finance value your feedback and would like thank you for all your interaction with our posts . We keep working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.
According to the recent news, yesterday we discussed a short-term correction below the $6,700 level in bitcoin price against the US Dollar. The BTC/USD pair started a downside move and traded below the $6,620 and $6,600 support levels. Besides, the price traded below the key support at $6,590. More importantly, there was a break below a bearish pattern with support at $6,550 on the hourly chart of the BTC/USD pair. (Source: newsbtc.com/2018/09/25/bitcoin-price-watch-btc-broke-key-support-could-test-6275/)
Although this week's major Bitcoin bug had a significant impact on the whole crypto community when it was reported that vulnerability could be used to shut down a chunk of the network, it turns out developers for Bitcoin Core kept a second, bigger part of the bug a secret. As disclosed through an official Common Vulnerabilities and Exposures report, an attacker could have actually used it to create new bitcoin – above the 21 million hard-cap of coin creation – thereby inflating the supply and devaluing current bitcoins. The CVE report written by Bitcoin Core developers explains: "In order to encourage rapid upgrades, the decision was made to immediately patch and disclose the less serious denial of service vulnerability, concurrently with reaching out to miners, businesses and other affected systems, while delaying publication of the full issue to give time for systems to upgrade." (Source: coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/)
The trustee liquidating cryptocurrencies on behalf of defunct exchange Mt. Gox, once the largest Bitcoin exchange, has offloaded another 25.98 billion yen ($230 million) of Bitcoin and Bitcoin Cash. The disposals were made in the period since the 10th creditors meeting was held on March 7, Nobuaki Kobayashi said in a statement on Tuesday. The total compares with 43 billion yen in the prior round of sales, which the bankruptcy attorney announced six months ago. Digital coin investors closely follow the moves of Kobayashi, who is known in crypto circles as the “Tokyo whale” because of the heap of tokens he controls. (Source: bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down)
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: 6432.1
Low: 6362.0
Close: 6434.2
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 at Osiris Finance value your feedback and would like thank you for all your interaction with our posts . We keep working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.
According to the recent news, yesterday we discussed a short-term correction below the $6,700 level in bitcoin price against the US Dollar. The BTC/USD pair started a downside move and traded below the $6,620 and $6,600 support levels. Besides, the price traded below the key support at $6,590. More importantly, there was a break below a bearish pattern with support at $6,550 on the hourly chart of the BTC/USD pair. (Source: newsbtc.com/2018/09/25/bitcoin-price-watch-btc-broke-key-support-could-test-6275/)
Although this week's major Bitcoin bug had a significant impact on the whole crypto community when it was reported that vulnerability could be used to shut down a chunk of the network, it turns out developers for Bitcoin Core kept a second, bigger part of the bug a secret. As disclosed through an official Common Vulnerabilities and Exposures report, an attacker could have actually used it to create new bitcoin – above the 21 million hard-cap of coin creation – thereby inflating the supply and devaluing current bitcoins. The CVE report written by Bitcoin Core developers explains: "In order to encourage rapid upgrades, the decision was made to immediately patch and disclose the less serious denial of service vulnerability, concurrently with reaching out to miners, businesses and other affected systems, while delaying publication of the full issue to give time for systems to upgrade." (Source: coindesk.com/the-latest-bitcoin-bug-was-so-bad-developers-kept-its-full-details-a-secret/)
The trustee liquidating cryptocurrencies on behalf of defunct exchange Mt. Gox, once the largest Bitcoin exchange, has offloaded another 25.98 billion yen ($230 million) of Bitcoin and Bitcoin Cash. The disposals were made in the period since the 10th creditors meeting was held on March 7, Nobuaki Kobayashi said in a statement on Tuesday. The total compares with 43 billion yen in the prior round of sales, which the bankruptcy attorney announced six months ago. Digital coin investors closely follow the moves of Kobayashi, who is known in crypto circles as the “Tokyo whale” because of the heap of tokens he controls. (Source: bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down)
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: 6432.1
Low: 6362.0
Close: 6434.2
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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