Comparative Analysis of Various Machine Learning Approaches for Bitcoin Price Prediction

被引：0
|
作者：
Muvvala, Abhishek [1 ]
Chivukula, Rohit [2 ]
Lakshmi, T. Jaya [3 ]
机构：
[1] DXC Technol, Chennai, India
[2] Univ Huddersfield, Sch Comp & Engn, Huddersfield, England
[3] SRM Univ, Dept Comp Sci & Engn, Amaravati, Andhra Pradesh, India
来源：
PROCEEDINGS OF THE 2ND INTERNATIONAL CONFERENCE ON ADVANCES IN SIGNAL PROCESSING AND ARTIFICIAL INTELLIGENCE, ASPAI' 2020 | 2020年
关键词：
Machine learning; Regression; Bitcoin price prediction;
D O I：
暂无
中图分类号：
TP18 [人工智能理论];
学科分类号：
081104 ; 0812 ; 0835 ; 1405 ;
摘要：
Bitcoin is used worldwide for digital payment or simply for investment purposes. Bitcoin price prediction is an interesting research problem in current scenario. In this paper, we have studied the application of machine learning approach in predicting the future price of bitcoin. Many dynamic factors effect Bitcoin prices and accurate predictions form strong base for investment decisions. In this study, we have collected the live data corresponding to bitcoin from quindle.com containing 8 features. Then we have compared the prediction performance of 11 regression algorithms. It is found that Lasso regression with a combination of generalised linear regression outperformed others with an improvement of 9 % accuracy over other regression algorithms.
引用
收藏
页码：161 / 164
页数：4
相关论文
共 50 条
  • [1] Analysis of Bitcoin Price Prediction Using Machine Learning
    Chen, Junwei
    JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2023, 16 (01)
  • [2] Bitcoin Price Prediction using Machine Learning
    Velankar, Siddhi
    Valecha, Sakshi
    Maji, Shreya
    2018 20TH INTERNATIONAL CONFERENCE ON ADVANCED COMMUNICATION TECHNOLOGY (ICACT), 2018, : 144 - 147
  • [3] Machine Learning Models Comparison for Bitcoin Price Prediction
    Phaladisailoed, Thearasak
    Numnonda, Thanisa
    PROCEEDINGS OF 2018 THE 10TH INTERNATIONAL CONFERENCE ON INFORMATION TECHNOLOGY AND ELECTRICAL ENGINEERING (ICITEE), 2018, : 506 - 511
  • [4] Comparative Analysis of Machine Learning Techniques for Cryptocurrency Price Prediction
    Salehi, Sara
    JOURNAL OF INFORMATION AND ORGANIZATIONAL SCIENCES, 2024, 48 (02) : 341 - 352
  • [5] Comparison of Machine Learning Algorithms for Creation of a Bitcoin Price Prediction Model
    Cibula, Milan
    Tkac, Michal
    POLITICKA EKONOMIE, 2023, 71 (05) : 496 - 517
  • [6] Bitcoin Price Prediction Using Machine Learning's Boosting Algorithms
    Sree, Ch Likhitha
    Meghana, M.
    Manjula, R.
    Mohan, D.
    PROCEEDINGS OF SECOND INTERNATIONAL CONFERENCE ON SUSTAINABLE EXPERT SYSTEMS (ICSES 2021), 2022, 351 : 115 - 125
  • [7] Systematic Erudition of Bitcoin Price Prediction using Machine Learning Techniques
    Rane, Prachi Vivek
    Dhage, Sudhir N.
    2019 5TH INTERNATIONAL CONFERENCE ON ADVANCED COMPUTING & COMMUNICATION SYSTEMS (ICACCS), 2019, : 594 - 598
  • [8] Bitcoin price prediction based on other cryptocurrencies using machine learning and time series analysis
    Maleki, N.
    Nikoubin, A.
    Rabbani, M.
    Zeinali, Y.
    SCIENTIA IRANICA, 2023, 30 (01) : 285 - 301
  • [9] Determinants of the price of bitcoin: An analysis with machine learning and interpretability techniques*,**
    Carbo, Jose Manuel
    Gorjon, Sergio
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2024, 92 : 123 - 140
  • [10] Bitcoin price prediction using machine learning: An approach to sample dimension engineering
    Chen, Zheshi
    Li, Chunhong
    Sun, Wenjun
    JOURNAL OF COMPUTATIONAL AND APPLIED MATHEMATICS, 2020, 365
12345