Popis: |
In 2017, a significant number of individuals profited from the staggering growth of the price of Bitcoin from $800 USD in January to almost $20,000 USD in December. Because the cryptocurrency market being relatively new when compared to traditional markets such as stocks, foreign exchange, and gold, there is a significant lack of studies in regard to predicting its price behavior. This research is interested in evaluating a number of regression-based algorithms in predicting the price of the Bitcoin (BTC) against United States Dollar (USD). Among the algorithms that will be investigated include the Linear Regression (LR), Neural Network Regression (NNR), Bayesian Linear Regression (BLR), and Boosted Decision Tree Regression (BDTR). By applying such regression-based analysis algorithms, the findings f should further help document the behavior of such a brand new, challenging yet extremely lucrative market. |