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Bitcoin Price Prediction: A Deep Learning Approach

The world first decentralized currency - cryptocurrency brings us the new era of a mode of exchange. It has been included many technologies like bitcoin, ethereum, and hyper ledger. Due to its rising popularity and demand, people are often curious to know the future price of these coins to make a good deal with them. The future price of bitcoin would help investors as well as corporate to get an overview of the demand and role in the economy. Many researchers have investigated various solutions that will predict the future price of bitcoin. But, the solutions achieved low accuracy. This paper main aim is to propose a prediction model that will predict the future price of bitcoin. The model is based on the deep learning approaches. The proposed model included four different deep learning models. These models are Long Short-Term Memory (LSTM), Bidirectional LSTM, Gated Recurrent Unit (GRU), and Bidirectional GRU. The performance of the prediction models is computed and it found Bi-GRU gave the best-predicted results.