An Extensive Analysis on Cryptocurrency Price Prediction Using Machine Learning and Statistical Models

Paper ID: 73

Abstract

This study presents an extensive analysis on cryptocurrency price prediction using machine learning and statistical models. The research explores various techniques, including ARIMA, LSTM, and ensemble models, to predict the future trends of cryptocurrencies. The study finds that LSTM outperforms other models in terms of accuracy and prediction performance, with an RMSE of 0.0001. The results highlight the potential of machine learning in predicting cryptocurrency prices and provide valuable insights for investors and policymakers.

Keywords

Cryptocurrency Price PredictionMachine LearningStatistical ModelsLSTM

Authors & Affiliations

Md Iftekhar Hossain Tushar

Md Azizur Rahman

Sumya Akter

Mahmudul Hasan

Department of CSE

Hajee Mohammad Danesh Science and Technology University, Dinajpur, 5200, Bangladesh

Publication Details

Conference

IEEE CS BDC SYMPOSIUM 2024

Date

Nov 22-23, 2024

Location

Jagannath University, Dhaka, Bangladesh

Publisher

IEEE Computer Society Bangladesh Chapter