Analysis of Predicting Bitcoin Price using Deep Learning Technique

Abstract

The major aim of this work is to uncover the accuracy of the Bitcoin price in any fiat/flat currency that can be predicted in advance. Bitcoin is a form of cryptocurrency and is now one of the most popular types of investments in the stock market. And bitcoin is the only form of cryptocurrency that has been on the rise in the last few years, and sometimes a sudden collapse without knowing the impact behind it in the stock market. To utilize the long short-term memory for predicting the bitcoin value in advance. Many researchers used RNN for this bitcoin prediction and observed that it lacks in consistency, to overcome this issue LSTM and ARIMA are used to ensure the accuracy and yields better prediction in terms of time series and proves that it is superior to existing state of art techniques.