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Prediction of Significant Bitcoin Price Changes Based on Deep Learning
Yimeng Wang1; Keyue Yan2
2022-07
Conference Name5th International Conference on Data Science and Information Technology, DSIT 2022
Source Publication2022 5th International Conference on Data Science and Information Technology, DSIT 2022 - Proceedings
Conference Date22-24 July 2022
Conference PlaceShanghai, China
PublisherIEEE
Abstract

Bitcoin is one of the most famous cryptocurrencies in the world and its price has changed frequently in recent years. Different from the traditional stock market, the changes of bitcoin's price are even more dramatic. Huge price movements have attracted not only investors but also more researchers to find different methods to predict bitcoin's price. In this research, we consider using change rate over previous a few days to predict the significant bitcoin price changes, which are defined as a three-category problem. Besides, we compare the predictive results using two deep learning models - LSTM and GRU, and then find LSTM perform better than GRU with the highest AUC value of 0.701 in most cases.

KeywordBitcoin Significant Changes Lstm Gru
DOI10.1109/DSIT55514.2022.9943971
URLView the original
Language英語English
Scopus ID2-s2.0-85143134051
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Document TypeConference paper
CollectionFaculty of Science and Technology
DEPARTMENT OF MATHEMATICS
DEPARTMENT OF COMPUTER AND INFORMATION SCIENCE
Affiliation1.Department of Mathematics University of Macau Macao, China
2.Department of Computer and Information Science University of Macau Macao, China
First Author AffilicationUniversity of Macau
Recommended Citation
GB/T 7714
Yimeng Wang,Keyue Yan. Prediction of Significant Bitcoin Price Changes Based on Deep Learning[C]:IEEE, 2022.
APA Yimeng Wang., & Keyue Yan (2022). Prediction of Significant Bitcoin Price Changes Based on Deep Learning. 2022 5th International Conference on Data Science and Information Technology, DSIT 2022 - Proceedings.
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