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.

This morning it was reported that on the 4-hour chart, the BTC price is in a range bound movement. Price is moving horizontally above the $6,500 price level. The Relative Strength Index period 14 is level 50 which indicates that price is in the range bound zone. (Source: cryptoglobe.com/latest/2018/10/bitcoin-btc-price-analysis-october-2/)

On 27 September, the Prime Minister of Malta, Joseph Muscat, gave a speech to United Nation’s General Assembly, remarking that he believes that any nation can secure themselves as a “future-proof society”, the sooner they “pair the new digital economy with a new state – a digital state”. So far this year, Malta has been charging ahead with its blockchain and cryptocurrency adoption. Muscat remarks that Malta “launched itself as a blockchain island by being the first jurisdiction worldwide to regulate this new technology that previously existed in a legal vacuum”. This had occurred in July when three bills became law, legalizing cryptocurrency businesses in the country. (Source: bitcoinnews.com/malta-pm-informs-un-on-inevitable-crypto-future/)

Beijing Sci-Tech Report, China’s oldest media publication covering the tech industry, has announced it will offer subscriptions payable with Bitcoin, local media outlet Guangming reported Sunday, September 30. An evidently rare occurrence from China, were government pressure has forced crypto exchanges and ICO operators to halt activities over the past year, BSTR says it wishes to promote blockchain and crypto use through “practical actions.” “Subscribers can pay subscription fees to the specific bitcoin receiving address of the newspaper to complete the subscription,” Guangming confirms. (Source: cointelegraph.com/news/major-chinese-tech-magazine-adds-payment-in-bitcoin-to-show-blockchain-practicality)

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: 6596.9
Low: 6532.9
Close: 6581.1

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.
3hourBeyond Technical AnalysisBitcoin (Cryptocurrency)BTCBTCUSDforecastmachinelearningosirisprediction

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