Bitcoin - 10 to 16 September, 2023. Neural Network Modeling

in #btc10 months ago

Given the previous forecast - https://debank.com/stream/416917, next week we are likely to see a sideways movement or a slight increase (September 13) and a price decline. But I would still stick to the short, or be out of the market

In the chart below, a simulation of the movement of the RPO indicator (Relative Price Oscillator "MA1-1, MA2-50, MA3-50") of Bitcoin on an hourly timeframe (history from the beginning of 2023) built by a neural network.

The black line is the real history of the RPO indicator
The red line is the simulated movement of the RPO indicator

10.09.2023.JPG

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