Bitcoin Price Prognosis Using Machine Learning

Abstract

This research explores the application of machine learning techniques to predict Bitcoin price dynamics. Bitcoin, as a decentralized digital currency, has garnered significant attention due to its high volatility and potential for rapid value fluctuations. This study aims to develop a machine learning model that analyzes historical Bitcoin price data to identify patterns and predict future price trends. While precise short-term predictions may be challenging, the model can provide valuable insights into overall price trends and inform investment strategies. This research contributes to a better understanding of Bitcoin price dynamics and has the potential to assist investors in making more informed decisions.