Bitcoin Price Prognosis Using Different Machine Learning Techniques: A Survey

Abstract

Nowadays, crypto-currency such as Bitcoin is the top searched word on Google. Bitcoin becomes the bull’s eye for investors; as also, it is the trending topic for researchers. Bitcoin gets its exposure due to a massive gain in its price from 2011 to 2018. Many giant investors have shifted their portfolios from other investments to Bitcoin. Traders also got a new opportunity for trading and multiplying their funds. So, there arises a huge race for the prediction of the price of Bitcoin and other cryptocuffencies. So, machine learning techniques of prediction get into the story. Many researchers approach different prediction techniques. In the upcoming section, we will review the different techniques of machine learning through which we can predict the price of Bitcoin. We will encounter the various factors that affect the price of Bitcoin. We will also look at data classifier techniques, and feature selection techniques. And in the end, we will look at the future scope and possibilities.