Despite recording significant growth since the year’s turn, Bitcoin (BTC) still had a challenging few weeks recently, and cryptocurrency соодагерлери жана салым are looking for indicators of its further movements, including those provided by machine learning platforms.
In this context, the deep learning algorithms over at the cryptocurrency мониторинг платформа PricePredictions баасын белгилешти терминалдарда at $23,597 by the end of March, according to the маалымат Финболд 28-февралда кирди.
As it happens, the algorithms rely on technical analysis (TA) indicators, including relative strength index (RSI), кыймылдуу орточо көрсөткүчтөр (MA), кыймылдуу орточо конвергенция дивергенциясы (MACD), Боллинджер тилкелери (BB), орточо чыныгы диапазон (ATR), accumulation/distribution line (A/D), and on-balance volume (OBV).
Provided that the projections made by the algorithms deploying these indicators prove correct, it would mean the flagship decentralized finance (толугу менен) asset on March 31 would be changing hands 0.79% жогору than its current price, which at press time stood at $23,413.
Ошол эле учурда, сезим боюнча 1 күндүк өлчөөлөр боюнча финансы жана крипто Вебсайтты көзөмөлдөө TradingView жалпысынан кенен and suggests ‘buy’ at 12, as summarized from the осцилляторлор indicating ‘neutral’ at 8 and moving averages in the ‘strong buy’ range at 11.
Bitcoin баа анализи
As things stand, the current price of Bitcoin represents a decline of 1.33% on the day and a more significant 5.54% loss across the previous week but is nonetheless 1.7% higher than 30 days before, as indicated on the latest charts retrieved on February 28.
Whether the maiden digital asset manages to reach the price predicted by the deep learning algorithms will depend on the developments surrounding it, such as rare indicators flashing green and Bored Ape creators Yuga Labs жарыялоо their next non-fungible tokens (NFT's) on the Bitcoin blockchain.
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Source: https://finbold.com/deep-learning-algorithm-sets-bitcoin-price-for-march-31-2023/