BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET

Cryptocurrency trade is now a popular type of investment. Cryptocurrency market has been treated similar to foreign exchange and stock market. The Characteristics of Bitcoin have made Bitcoin keep rising In the last few years. Bitcoin exchange rate to American Dollar (USD) is $3990 USD on November 2...

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Main Authors: Ferdiansyah Ferdiansyah, Edi Surya Negara, Yeni Widyanti
Format: Article
Language:English
Published: Informatics Department, Faculty of Computer Science Bina Darma University 2019-03-01
Series:Journal of Information Systems and Informatics
Subjects:
Online Access:http://journal-isi.org/index.php/isi/article/view/7
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author Ferdiansyah Ferdiansyah
Edi Surya Negara
Yeni Widyanti
author_facet Ferdiansyah Ferdiansyah
Edi Surya Negara
Yeni Widyanti
author_sort Ferdiansyah Ferdiansyah
collection DOAJ
description Cryptocurrency trade is now a popular type of investment. Cryptocurrency market has been treated similar to foreign exchange and stock market. The Characteristics of Bitcoin have made Bitcoin keep rising In the last few years. Bitcoin exchange rate to American Dollar (USD) is $3990 USD on November 2018, with daily pice fluctuations could reach 4.55%2. It is important to able to predict value to ensure profitable investment. However, because of its volatility, there’s a need for a prediction tool for investors to help them consider investment decisions for cryptocurrency trade. Nowadays, computing based tools are commonly used in stock and foreign exchange market predictions. There has been much research about SVM prediction on stocks and foreign exchange as case studies but none on cryptocurrency. Therefore, this research studied method to predict the market value of one of the most used cryptocurrency, Bitcoin. The preditct methods will be used on this research is regime prediction to develop model to predict the close value of Bitcoin and use Support vector classifier algorithm to predict the current day’s trend at the opening of the market
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spelling doaj.art-718640790b0e4ce99394dc07906db8702022-12-22T03:37:39ZengInformatics Department, Faculty of Computer Science Bina Darma UniversityJournal of Information Systems and Informatics2656-59352656-48822019-03-0111707710.33557/journalisi.v1i1.77BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKETFerdiansyah Ferdiansyah0Edi Surya Negara1Yeni Widyanti2Universitas Bina DarmaBina Darma UniversityBina Darma UniversityCryptocurrency trade is now a popular type of investment. Cryptocurrency market has been treated similar to foreign exchange and stock market. The Characteristics of Bitcoin have made Bitcoin keep rising In the last few years. Bitcoin exchange rate to American Dollar (USD) is $3990 USD on November 2018, with daily pice fluctuations could reach 4.55%2. It is important to able to predict value to ensure profitable investment. However, because of its volatility, there’s a need for a prediction tool for investors to help them consider investment decisions for cryptocurrency trade. Nowadays, computing based tools are commonly used in stock and foreign exchange market predictions. There has been much research about SVM prediction on stocks and foreign exchange as case studies but none on cryptocurrency. Therefore, this research studied method to predict the market value of one of the most used cryptocurrency, Bitcoin. The preditct methods will be used on this research is regime prediction to develop model to predict the close value of Bitcoin and use Support vector classifier algorithm to predict the current day’s trend at the opening of the markethttp://journal-isi.org/index.php/isi/article/view/7CyrptocurrencyPrediction BitcoinSVM
spellingShingle Ferdiansyah Ferdiansyah
Edi Surya Negara
Yeni Widyanti
BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET
Journal of Information Systems and Informatics
Cyrptocurrency
Prediction Bitcoin
SVM
title BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET
title_full BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET
title_fullStr BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET
title_full_unstemmed BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET
title_short BITCOIN-USD TRADING USING SVM TO DETECT THE CURRENT DAY’S TREND IN THE MARKET
title_sort bitcoin usd trading using svm to detect the current day s trend in the market
topic Cyrptocurrency
Prediction Bitcoin
SVM
url http://journal-isi.org/index.php/isi/article/view/7
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AT edisuryanegara bitcoinusdtradingusingsvmtodetectthecurrentdaystrendinthemarket
AT yeniwidyanti bitcoinusdtradingusingsvmtodetectthecurrentdaystrendinthemarket