Bitcoin - 17 to 24 September, 2023. Neural Network Modeling

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Bitcoin - 17 to 24 September, 2023. Neural Network Modeling

Given the previous forecast - https://debank.com/stream/416917, next week we will most likely see a sideways movement or a slight decline and a slight increase (from September 19). But I would still be short or out of the market before September 24th.

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

17.09.2023.JPG

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