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.

Yesterday, it was discussed that the previous supports near $6,550-6,560 are likely to prevent an upsides in bitcoin price against the US Dollar. The BTC/USD pair failed to gain above $6,550 and started a fresh downside move. It broke the $6,520 support to enter into a bearish zone. Sellers took control, resulting in a sharp decline in the price below the $6,400 and $6,240 support levels. The price settled below $6,400 and the 100 hourly simple moving average. (Source: newsbtc.com/2018/10/11/bitcoin-price-watch-btc-usd-sellers-not-out-of-woods-yet/)

Swiss insurance broker ASPIS SA has launched CryptoIns, a platform that provides insurance against exchange hacks for its customers’ crypto funds held in personal accounts on exchanges and in wallets. The insurance can be bought either with Bitcoin or Ethereum, while claims paid in insurance cases will be disbursed based on the total amount of assets in the assured accounts recalculated in Bitcoins. (Source: coinspeaker.com/2018/10/10/first-online-service-for-insuring-accounts-on-cryptocurrency-exchanges-and-in-wallets-goes-live/)

Over CND$400,000 of cryptocurrency has been ordered by the British Columbia Supreme Court to be traced and recovered from “whatsoever hands the Ether Tokens may currently be held” following a decision on summary judgment in Copytrack Pte Ltd. v Wall, 2018 BCSC 1709. The Court found “it is undisputed that they were the property of Copytrack, they were sent to Wall in error, they were not returned when demand was made, and Wall has no proprietary claim to them”. This is arguably one of the early steps of legal recognition of cryptocurrencies as property by courts. (Source: lexology.com/library/detail.aspx?g=7bd50ef1-8221-4abc-bb2a-534c3bbdd491)

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: 6309.1
Low: 6276.8
Close: 6288.0

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)BTCBTCUSDCryptocurrencyforecastmachinelearningosirisprediction

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