Bitcoin – October 23 to October 30, 2023

Bitcoin – October 23 to October 30, 2023 Neural Network Modeling

There is an 80% probability of a flat or a slight fall, but according to a more global forecast, we are growing until November 4. I'll be out of the market this week

The chart below shows a simulation of the movement of the RPO indicator (Relative Price Oscillator “MA1-1, MA2-50, MA3-50”) of Bitcoin on the hourly timeframe (history from the beginning of 2023), built by a neural algorithm.

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