BTC 3-hour forecast. Machine learning.

1 thg 10, 2018

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.

This morning, it was reported that there was a sharp downside correction from the $6,794 high in bitcoin price against the US Dollar. The BTC/USD pair traded below the $6,600 support level, but declines were protected well above $6,400. A low was formed at $6,451 and it seems like there is a strong support formed near $6,440. Later, the price recovered above the $6,500 level and the 23.6% Fib retracement level of the downward move from the $6,794 high to $6,451 low. (Source: newsbtc.com/2018/10/01/bitcoin-price-watch-btc-usd-primed-for-more-gains/)

For the first time ever, elections may result in a significant impact on Bitcoin as Québec voters go to the polls in the French-Canadian province's parliamentary elections today. Bombarded with demand in early 2018 by miners from China and elsewhere, the provincial government - headed by the Parti Liberal du Québec - quickly applied heavy brakes to the nascent mining industry by ordering Hydro-Québec, the state-owned electric utility, to restrict the sale of power and charge higher tariffs to customers in the blockchain industry. (Source: forbes.com/sites/astanley/2018/10/01/the-future-of-bitcoin-mining-in-quebec-could-rest-on-mondays-parliamentary-elections/

China’s Bitcoin ‘tycoon’ and serial investor Li Xiaolai, one of China’s rumored biggest Bitcoin bagholders and investors, will take a hands-off approach to future blockchain projects, he announced on social media Sunday, September 30. Li is said to be dissatisfied with fraudulent actors in the blockchain industry that were claiming he was part of their undertakings. “From this day on, Li Xiaolai personally will not invest in any projects (whether it is blockchain or early stage),” his post on Chinese social media network Weibo reads, translated by Chinese tech journal TechNode: “So, if you see ‘Li Xiaolai’ associated with any project (I have been associated with countless projects without my knowledge, 99% is not an exaggeration), just ignore it.” (Source: cointelegraph.com/news/chinas-bitcoin-whale-li-xiaolai-halts-blockchain-related-investments)

The Osiris team has bought ETH for 230.59 on September 29th, 21:15, and sold it for 237.30 on September 30th at 11:26. Later that day the Osiris team ha bought more ETH for 235.96 at 14:12 and made a decision to fix the loss by selling it for 233.26 at 03:06, October 1st. These two trades have generated us 1.73% return. No trades with BTC were made.

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: 6617.9
Low: 6552.0
Close: 6576.7

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.