BITCOIN PRICE PREDICTION USING LSTM
NITHIS KUMAR K KUMAR K
Paper Contents
Abstract
Bitcoin is a kind of Cryptocurrency and now is one of type of investment on the stock market. Stock markets are influenced by many risks of factor. And bitcoin is one kind of cryptocurrency that keep rising in recent few years, and sometimes sudden fall without knowing influence behind it on the stock market. Because its fluctuations, theres a need and automation tool to predict bitcoin on the stock market. This research study learns how to create model prediction bitcoin stock market prediction using LSTM, LSTM (Long Short Term Memory) is another type of module provided for RNN later developed and popularized by many researchers, like RNN, the LSTM also consists of modules with recurrent consistency. The contribution of this study is providing a new forecasting framework for bitcoin price prediction can overcome and improve the problem of input variables selection in LSTM without strict assumptions of data assumption. The results revealed its possible applicability in various cryptocurrencies prediction, industry instances such as medical data or financial timeseries data. The Method that we apply on this research, also technique and tools to predict Bitcoin on stock market yahoo finance can predict the result above $ 12600 USD for next days after prediction, in the last section we make conclusions and discuss future works. The proposed methodology is then applied to train a simple Long Short Term Memory (LSTM) model to predict the bitcoin price for the upcoming 5 days. When the LSTM model is trained with a suitable data chunk, thus identified, sustainable results are found for the prediction. In the end of this paper, the work culminates with future improvements.
Copyright
Copyright © 2023 NITHIS KUMAR K. This is an open access article distributed under the Creative Commons Attribution License.