Abstract
Abstract: Bitcoin is a decentralized digital currency. It is a type of cryptocurrency because it uses cryptography to keep it safe. It is gaining popularity among individuals but it is still not common to use this technique because people still invest in traditional techniques like stock market. Additionally, there are various factors that affect the price of bitcoin such as total circulating supply, production costs, bitcoin mining, rules and regulations, and bitcoin sentiment. These factors and their combinations are used to determine which factor has the greatest influence on the price of bitcoin, and then use the studied factors and the history of the price of bitcoin to predict the evolution of bitcoin prices. Another emerging technique in computer science is deep learning, which is used for trend analysis. The models used are RNN, LSTM, and the model that gives the best result is selected for prediction.
Published Version
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