Sentiment Analysis for Prediction of Bitcoin Response

Abstract

Bitcoin has appeared as the highest fortunate cryptocurrency from the last few years. The social network platform Twitter has become a beneficial point of user sentiment. This chapter mainly focuses on the integration of sentiment analysis to predict the response about bitcoin in social media, i.e., Twitter. Through different tweets in Twitter, we have computed the sentiment score. In this chapter, we have taken a survey for knowing what people think about bitcoin from their tweets in Twitter from a single month of both the year, i.e., 2018 and 2019 and compared those. Our result seems to confirm that the trend of Bitcoin price may be predicted from the sentiment without incorporation of complex business models.