Bitcoin Price Prediction Using Hybrid LSTM-GRU Models

Abstract

Cryptocurrency price prediction is a challenging task due to the inherent volatility and complexity of the market. In this research, we propose a hybrid Long Short-Term Memory (LSTM) and Gated Recurrent Unit (GRU) neural network model for predicting Bitcoin prices. The model is implemented using the TensorFlow and Keras libraries and is evaluated on historical Bitcoin price data obtained from Yahoo Finance. Our approach aims to leverage the strengths of both LSTM and GRU architectures to enhance the accuracy of price predictions. The results suggest that the proposed hybrid LSTM-GRU model holds promise for effectively capturing the complex dynamics of cryptocurrency markets, addressing the challenges associated with traditional time-series analysis techniques.