The Science and Information (SAI) Organization
  • Home
  • About Us
  • Journals
  • Conferences
  • Contact Us

Publication Links

  • IJACSA
  • Author Guidelines
  • Publication Policies
  • Digital Archiving Policy
  • Promote your Publication
  • Metadata Harvesting (OAI2)

IJACSA

  • About the Journal
  • Call for Papers
  • Editorial Board
  • Author Guidelines
  • Submit your Paper
  • Current Issue
  • Archives
  • Indexing
  • Fees/ APC
  • Reviewers
  • Apply as a Reviewer

IJARAI

  • About the Journal
  • Archives
  • Indexing & Archiving

Special Issues

  • Home
  • Archives
  • Proposals
  • Guest Editors
  • SUSAI-EE 2025
  • ICONS-BA 2025
  • IoT-BLOCK 2025

Future of Information and Communication Conference (FICC)

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact

Computing Conference

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact

Intelligent Systems Conference (IntelliSys)

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact

Future Technologies Conference (FTC)

  • Home
  • Call for Papers
  • Submit your Paper/Poster
  • Register
  • Venue
  • Contact
  • Home
  • Call for Papers
  • Editorial Board
  • Guidelines
  • Submit
  • Current Issue
  • Archives
  • Indexing
  • Fees
  • Reviewers
  • Subscribe

DOI: 10.14569/IJACSA.2023.0140849
PDF

A Mechanism for Bitcoin Price Forecasting using Deep Learning

Author 1: Karamath Ateeq
Author 2: Ahmed Abdelrahim Al Zarooni
Author 3: Abdur Rehman
Author 4: Muhammd Adna Khan

International Journal of Advanced Computer Science and Applications(IJACSA), Volume 14 Issue 8, 2023.

  • Abstract and Keywords
  • How to Cite this Article
  • {} BibTeX Source

Abstract: Researchers and investors have recently become interested in forecasting the cryptocurrency price forecasting but the most important currency can take that it’s the bitcoin exchange rate. Some researchers have aimed at leveraging the technical and financial characteristics of Bitcoin to create predictive models, while others have utilized conventional statistical methods to explain these factors. This article explores the LSTM model for forecasting the value of bitcoins using historical bitcoin price series. Predict future bitcoin prices by developing the most accurate LSTM forecasting model, building an advanced LSTM forecasting model (LSTM-BTC), and comparing past bitcoin prices. This is the second step, if looking at the end of the model, it has very high accuracy in predicting future prices. The performance of the proposed model is evaluated using five different datasets with monthly, weekly, daily, hourly, and minute-by-minute bitcoin price data with total records from January 1, 2021, to March 31, 2022. The results confirm the better forecasting accuracy of the proposed model using LSTM-BTC. The analysis includes square error MSE, RMSE, MAPE, and MAE of bitcoin price forecasting. Compared to the conventional LSTM model, the suggested LSTM-BTC model performs better. The contribution made by this research is to present a new framework for predicting the price of Bitcoin that solves the issue of choosing and evaluating input variables in LSTM without making firm data assumptions. The outcomes demonstrate its potential use in applications for industry forecasting, including different cryptocurrencies, health data, and economic time.

Keywords: Currency; bitcoin; LSTM; forecasting; models

Karamath Ateeq, Ahmed Abdelrahim Al Zarooni, Abdur Rehman and Muhammd Adna Khan, “A Mechanism for Bitcoin Price Forecasting using Deep Learning” International Journal of Advanced Computer Science and Applications(IJACSA), 14(8), 2023. http://dx.doi.org/10.14569/IJACSA.2023.0140849

@article{Ateeq2023,
title = {A Mechanism for Bitcoin Price Forecasting using Deep Learning},
journal = {International Journal of Advanced Computer Science and Applications},
doi = {10.14569/IJACSA.2023.0140849},
url = {http://dx.doi.org/10.14569/IJACSA.2023.0140849},
year = {2023},
publisher = {The Science and Information Organization},
volume = {14},
number = {8},
author = {Karamath Ateeq and Ahmed Abdelrahim Al Zarooni and Abdur Rehman and Muhammd Adna Khan}
}



Copyright Statement: This is an open access article licensed under a Creative Commons Attribution 4.0 International License, which permits unrestricted use, distribution, and reproduction in any medium, even commercially as long as the original work is properly cited.

IJACSA

Upcoming Conferences

IntelliSys 2025

28-29 August 2025

  • Amsterdam, The Netherlands

Future Technologies Conference 2025

6-7 November 2025

  • Munich, Germany

Healthcare Conference 2026

21-22 May 2026

  • Amsterdam, The Netherlands

Computing Conference 2026

9-10 July 2026

  • London, United Kingdom

IntelliSys 2026

3-4 September 2026

  • Amsterdam, The Netherlands

Computer Vision Conference 2026

15-16 October 2026

  • Berlin, Germany
The Science and Information (SAI) Organization
BACK TO TOP

Computer Science Journal

  • About the Journal
  • Call for Papers
  • Submit Paper
  • Indexing

Our Conferences

  • Computing Conference
  • Intelligent Systems Conference
  • Future Technologies Conference
  • Communication Conference

Help & Support

  • Contact Us
  • About Us
  • Terms and Conditions
  • Privacy Policy

© The Science and Information (SAI) Organization Limited. All rights reserved. Registered in England and Wales. Company Number 8933205. thesai.org