to download project abstract

ABSTRACT

Bitcoin is a digital asset and a payment system that is used as a form of
Internet currency. It allows for anonymous payment from one person to another
and is therefore a preferred payment method for criminal actions on the Internet.
Recently Bitcoin has received a lot of attention from the media and the public
due to its recent price hike. The objective of this paper is to determine the
predictable price direction of Bitcoin price. Machine learning models can likely
give us the insight we need to learn about the future of Cryptocurrency. It will
not tell us the future but it might tell us the general trend and direction to expect
the prices to move. The proposed model is to build a machine learning model
where the data is used to made to learn about the pattern in the dataset and the
machine learning algorithm is used to predict the bitcoin price.

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