Quick Update on Bitcoin Trend Analysis 21 Dec 2016

The Bitcoin price rises to $803 this morning. I have two trading system. One is called the Robot Dog “B” which is an A.I. made system for mid-term trend. There were three force EXIT signals on last two months and then a BUY signal was followed by each EXIT signal just for a few days. It confirmed that the BTC trend is in the upward mode.

I used a regression method to project the price of BTC will go to about $1000 in END of Jan 2017. I hope the upward trend continue.

Another trading system called Robot Fighter “S” which is a short term day trading system which is in a beta testing stage (paper trading). It shows there is no EXIT signal in the past ten days which is also confirmed the upward price trend of BTC.

I assigned a programmer to work out the API linking to the bitcoin exchange and planned to finish in Feb 2017. I hope to have some real trading result to show you after Feb 2017.




Author: Thomas

Hello, You may call me Thomas. I am from Hong Kong. I am a part-time lecturer for teaching university degree and a diploma in construction management and facilities management. I previously a research consultant in a public organization to forecast the workforce requirements for the whole city. Privately, I am an investor in Bitcoin, Physical Silver, and Gold. I am also studying alternative curing methods for health, world economics, UFO…etc

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