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What is Bitcoin Price Prediction Using Machine Learning about?

Bitcoin is a type of Internet currency that is both a digital asset and a payment method. It enables anonymous payment from one person to another, making it a popular payment mechanism for online illegal activity. Due to its recent price increase, Bitcoin has attracted a lot of attention from the media and the public. The purpose of this study is to discover the Bitcoin price's predictable price direction. Machine learning models are likely to provide us with the information we require to Understand the future of cryptocurrency. It won't tell us what will happen in the future, but it might show us the overall trend and direction in which prices are likely to move. The proposed Methodology aims to create a machine learning model that uses data to learn about the patterns in the dataset and then uses a machinelearning algorithm to forecast the bitcoin price. ## I.INTRODUCTION Bitcoin is digital money that may be used for both payment and investment. Bitcoin is decentralized, which means that no single person or entity owns it. Because Bitcoin transactions aren't governed by any authority, they're straight forward. Investing can be done on several "bitcoin exchanges," which are essent

Author

S. Nithiya; G. Parimala

Publisher

IEEE

Published

2023

Language

EN