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August 4, 2022· BCP Business & Management
article
Open access

The price prediction for cryptocurrency based on the state-of-art machine learning approaches

Authors:Ying Guan *

Abstract

Cryptocurrency has evolved from a fringe phenomenon to a far more popular method of investing and financing. For investors and traders, predicting the price of bitcoin is critical. Several machine learning algorithms are utilized to anticipate the price of digital money in this research paper. The analysis employed Decision Trees, Light Gradient Boosting Machines, and Neural Networks. The purpose of this study is to look at the predicted accuracy of each machine learning method. According to the analysis, decision tree, lightGBM, and neural networks have a very high accuracy rate when it comes to forecasting cryptocurrencies. These results shed light on guiding further exploration to help investors in building an appropriate digital currency portfolio and reducing risks.

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