Bitcoin price prediction using Deep Learning Algorithm

Abstract

The world has more than 5000 digital-currencies, bitcoin is one of it, which has more than 5.8 million dynamic client and approximately more than 111 exchanges throughout the world. So, the aim for this paper is to do the near prediction of the price of Bitcoin in USD. Precious details are taken from the price index of Bitcoin. A Bayesian recurrent hierarchical (RNN) neural network and a long-term memory (LSTM) network can accomplish this function. The total identification accuracy of 52% and an 8% RMSE is obtained by the LSTM. In contrast to the profound training systems, the common ARIMA method for the prediction of time series. This model have not much efficient as deep learning model can be performed. The deep learning methods were predicted to outperform the poorly performing ARIMA prediction. So here we used Gated Recurrent Network model (GRU) to forecasting Bitcoin price Eventually, all deep learning models have a GPU and CPU that beat the GPU implemented by 94.70 percent for their GPU training time.