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 yesterday we saw a sharp upward move above the $6,700 level in bitcoin price against the US Dollar . The BTC/USD pair traded above the $6,800 level and topped at $6,829. Later, there was a major downside move and the price reversed most gains below $6,500. There was even a push below the $6,400 support and a low was formed at $6,349. Later, the price started consolidating and moved above the $6,400 level. (Source: https://www.newsbtc.com/2018/10/16/bitco...)
Yesterday, Boston-based asset manager responsible for $7.2 trillion in customer assets, Fidelity Investments, revealed a separate new branch focusing on cryptocurrencies like Bitcoin and Ethereum called Fidelity Digital Asset Services. The new subsidiary is the first-of-its-kind among traditional Wall Street firms, and will offer both asset custody and trade execution for institutional investors. Fidelity Digital Assets will allow institutional investors to trade cryptocurrencies across multiple exchanges that comply with the “Fidelity standard” using its existing internal crossing engine and smart order routing, but stopped short at revealing which exchanges have earned that seal of approval. Fidelity’s onboarding procedures for counterparties involves a deep dive into an exchange’s regulatory procedures and financial strength, among other analysis. (Source: https://www.newsbtc.com/2018/10/15/fidel...)
Bithumb has recently launched its own decentralized exchange, which will start to work on October 15, 2PM. The new platform will be known as Bithumb DEX and will be launched by the company and BGEX, a Hong Kong-based fintech firm. OneRoot Network will also be a part of the partnership. The official base currency of the platform will be Ethereum , the second largest crypto by the market cap. The Bithumb DEX exchange uses MetaMask, which is based on the Ethereum technology and will have 10 trading pairs, all of them paired against Ethereum initially. (Source: https://bitcoinexchangeguide.com/ethereu...)
Yesterday the Osiris team bought BTC for 6,769.1 at 09:22 and sold it later that day for 6,929.9 at 11:10. Later we bought more BTC for 6,802.4 at 18:52 and sold it today at 06:07 for 6,871.0. After these two trades, the return was around 3.40%.
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.
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.