MicroAlgo has proposed to predict the price of #Bitcoin using #AI

The American company #MicroAlgo has announced the launch of a solution that, according to its developers, can support investors' decisions in the Bitcoin spot market. The software reportedly operates with the support of artificial intelligence. The proposed investment decision-making scenario combines deep learning algorithms for artificial intelligence systems, technical analysis, and quantitative trading strategies, which traders need to understand and predict future prices, the creators of the program promise. MicroAlgo's solution includes technical indicators such as Moving Averages (MA), Relative Strength Index (#RSI), and Bollinger Bands, which analyze market data (price and volume) and help identify potential market structures. Previously, #Ethereum co-founder Vitalik #Buterin expressed concerns about overly protected AI. According to Buterin, if AI development is not controlled, it has the chance to become "the supreme species of planet Earth."