The Indonesian Journal of Computer Science
Vol. 13 No. 1 (2024): The Indonesian Journal of Computer Science (IJCS)

Comparative Analysis of Machine Learning and Deep Learning Models for Bitcoin Price Prediction

Ahmed Al-Zakhali, Omar (Unknown)
Abdulazeez, Adnan M. (Unknown)



Article Info

Publish Date
06 Feb 2024

Abstract

This research endeavors to forecast Bitcoin prices by employing a suite of machine learning and deep learning models. Five distinct models were employed: Random Forest, Linear Regression, Support Vector Machine (SVM), Long Short-Term Memory (LSTM), and Gated Recurrent Unit (GRU), each evaluated based on their R-squared scores. Notably, the models showcased diverse performances, with the ensemble learning approach of Random Forest exhibiting near-perfect accuracy, closely followed by GRU and SVM. The deep learning architectures, LSTM and GRU, demonstrated remarkable predictive capabilities, showcasing their adeptness in capturing intricate temporal patterns within the cryptocurrency price data. This study sheds light on the comparative performance of these models, emphasizing their strengths and limitations in predicting Bitcoin prices.

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Journal Info

Abbrev

ijcs

Publisher

Subject

Computer Science & IT Electrical & Electronics Engineering Engineering

Description

The Indonesian Journal of Computer Science (IJCS) is a bimonthly peer-reviewed journal published by AI Society and STMIK Indonesia. IJCS editions will be published at the end of February, April, June, August, October and December. The scope of IJCS includes general computer science, information ...