Bitcoin Price Prediction Using RNN And LSTM

CHIRAG NEGI; ARJUN SONKAR; DR. ANURADHA KONIDENA

Bitcoin Price Prediction Using RNN And LSTM

Authors: CHIRAG NEGI, ARJUN SONKAR, DR. ANURADHA KONIDENA

Unique Paper ID: 155374
Volume: 8
Issue: 10
PageNo: 57-60

Keywords: Bitcoin prediction Machine Learning bitcoin RNN LSTM

Abstract:
There is constant increase in the usage of bitcoin. The development in technology and hi-tech tools is impacting significantly on the price of the bitcoin which has become an extremely serious problem. Furthermore, bitcoin as a currency is in a non-permanent stage and as a result is more volatile than other currencies such as INR. However, it is top performing currency of the last few years. Hence, its price prediction offers great opportunity and thus provides motivation for research in this area. Factors like exchange closures, replacing crypto currencies, speculation markets, and large amounts of information poses a challenge to analyze such data and identify similarities or relations between the data. Also, there is another challenge, i.e. inconsistency that can occur in the data due to incompleteness in the datasets. The machine learning technique we have proposed for prediction of bitcoin price is recurrent neural networks and LSTM (Long Short-Term Memory) to predict the price of bitcoin. The main goal of the system is to analyze and study the hidden patterns and relationships between the data present in bitcoin dataset. Bitcoin price prediction problem solution can provide extremely useful information which will led or we can say which will prevent investors from losing money invested on bitcoin. In addition, the ability to predict the price of an asset such as bitcoin offers the opportunity for profit by trading it.

email to a friend

Cite This Article

ISSN: 2349-6002
Volume: 8
Issue: 10
PageNo: 57-60

Bitcoin Price Prediction Using RNN And LSTM

Available:https://ijirt.org/Article?manuscript=155374

09 Jun, 2022

A Comprehensive Study of Smart Healthcare in Smart City

09 Jun, 2022

A Novel Method for Securing Online Banking Transactions

20 Sep, 2024

Brain Tumor Feature Extraction from Image Analytics Using Intelligent Techniques

20 Sep, 2024

Factors Affecting Cholera Disease and Its Machine Learning Solution: A Review

20 Sep, 2024

Blockchain And Deep Learning Methods for Smart Cities: A Progression on Digital Healthcare

20 Sep, 2024

Comparative analysis of various classification Machine Learning Algorithm on Driver Drowsiness Dataset

20 Sep, 2024

Revolutionising social media with Maps and Augmented Reality

20 Sep, 2024

Crawl Analyzer: Analysis of Website and Security Certificates

20 Sep, 2024

Performance Analysis of Machine Learning Algorithms for Strabismus Detection â€“ A Systematic Review

20 Sep, 2024

An Algorithm for Health Informatics Based on Extreme Machine Learning

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now

Latest Publication

Recent Conferences

NCSEM 2024

National Conference on Sustainable Engineering and Management - 2024 Last Date: 15th March 2024

Submit inquiry