UNP Journal of Statistics and Data Science
Vol. 1 No. 5 (2023): UNP Journal of Statistics and Data Science

Bitcoin Price Prediction Using Support Vector Regression

Wulan Septya Zulmawati (Unknown)
Nonong Amalita (Unknown)
Syafriandi Syafriandi (Unknown)
Admi Salma (Unknown)



Article Info

Publish Date
30 Nov 2023

Abstract

Cryptocurrency provides the most return compared to other investment instruments, causing many novice traders to be attracted to crypto as a tool to make significant profits in the short term. One of the most widely used cryptocurrencies is Bitcoin. Trading is closely related to technical analysis. Various techniques in technical analysis cause beginner traders to have difficulties choosing the right technique. Machine learning methods can be an alternative to overcoming the barriers of beginner traders in the crypto market with predictive methods. One method of machine learning for prediction is Support Vector Regression (SVR). Using the grid search algorithm shows that this method has a good predictive accuracy value of 99,25% and MAPE 0,1206%.

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Journal Info

Abbrev

ujsds

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Mathematics Social Sciences

Description

UNP Journal of Statistics and Data Science is an open access journal (e-journal) launched in 2022 by Department of Statistics, Faculty of Science and Mathematics, Universitas Negeri Padang. UJSDS publishes scientific articles on various aspects related to Statistics, Data Science, and its ...