Bitcoin - August 20-27, 2023 Neural Network Modeling

Taking into account the previous forecast - https://debank.com/stream/416917 we are likely to see sideways movement or slight growth in the coming week.

The forecasts of recent weeks have worked well. See previous post.

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