BAREKENG: Jurnal Ilmu Matematika dan Terapan
Vol 19 No 2 (2025): BAREKENG: Journal of Mathematics and Its Application

CRYPTOCURRENCY TIME SERIES FORECASTING MODEL USING GRU ALGORITHM BASED ON MACHINE LEARNING

Melina, Melina (Unknown)
Sukono, Sukono (Unknown)
Napitupulu, Herlina (Unknown)
Mohamed, Norizan (Unknown)
Herry Chrisnanto, Yulison (Unknown)
ID Hadiana, Asep (Unknown)
Kusumaningtyas, Valentina Adimurti (Unknown)



Article Info

Publish Date
01 Apr 2025

Abstract

The cryptocurrency market is experiencing rapid growth in the world. The high fluctuation and volatility of cryptocurrency prices and the complexity of non-linear relationships in data patterns attract investors and researchers who want to develop accurate cryptocurrency price forecasting models. This research aims to build a cryptocurrency forecasting model with a machine learning-based time series approach using the gated recurrent units (GRU) algorithm. The dataset used is historical Bitcoin closing price data from January 1, 2017, to July 31, 2024. Based on the gap in previous research, the selected model is only based on the accuracy value. In this study, the chosen model must fulfill two criteria: the best-fitting model based on the learning curve diagnosis and the model with the best accuracy value. The selected model is used to forecast the test data. Model selection with these two criteria has resulted in high accuracy in model performance. This research was highly accurate for all tested models with MAPE < 10%. The GRU 30-50 model is best tested with MAE = 867.2598, RMSE = 1330.427, and MAPE = 1.95%. Applying the sliding window technique makes the model accurate and fast in learning the pattern of time series data, resulting in a best-fitting model based on the learning curve diagnosis.

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Journal Info

Abbrev

barekeng

Publisher

Subject

Computer Science & IT Control & Systems Engineering Economics, Econometrics & Finance Energy Engineering Mathematics Mechanical Engineering Physics Transportation

Description

BAREKENG: Jurnal ilmu Matematika dan Terapan is one of the scientific publication media, which publish the article related to the result of research or study in the field of Pure Mathematics and Applied Mathematics. Focus and scope of BAREKENG: Jurnal ilmu Matematika dan Terapan, as follows: - Pure ...