Hey guys, so I have a slightly more reasonable prediction than the "prepare for march 16th dip" post made a little while back.
As some of you may have seen in a post I made several days ago, I have been working on software that uses neural networks to predict bitcoin prices. The predictions can be seen at
http://www.btcpredictions.com/The short term neural network has been consistently predicting a dip from around $585 down to about $562 and then back up to around $590 starting around 4am EST, reaching its lowest price around 7am and then returning to $590 around 10am.
Obviously this program's predictions are not always right, and predictions that are further away are more difficult for it to make. However, it seems relatively confident about this dip. I believe the dip will occur, though the magnitude may be a bit off or the dip may be shifted in one direction slightly. So we'll see how well the software performs!