Analysis Cryptocurrency Prediction Price Using Recurrent Neural Network (RNN) Gate Recurrent Unit (GRU) Long Short-Term Memory (LSTM)

Cryptocurrencies, which are digital assets intended to function as a medium of electronic exchange, have garnered significant global attention, with Bitcoin standing out as the most recognized example. A variety of neural network models, including Recurrent Neural Networks (RNN), Long Short-Term Memory (LSTM), and Gated Recurrent Units (GRU), have been employed in the quest to predict Bitcoin’s price movements. Numerous experiments have been conducted using different training configurations, specifically with epochs set at $100,200,300$, and 500, along with batch sizes of 32,64, and 128. These tests have consistently demonstrated that the GRU model surpasses both the RNN and LSTM models in terms of prediction accuracy and overall consistency. The results indicate that GRU presents a more reliable framework for forecasting trends in Bitcoin prices, offering greater stability and precision. Consequently, the GRU model is emerging as a preferred choice for those aiming to refine predictive analytics within the cryptocurrency market.

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Publication Details

Published
2024-10-24
DOI
https://doi.org/10.1109/icic64337.2024.10957408
Citations
1
Primary Topic
Computer Science and Engineering
Type
article
Field-Weighted Citation Impact
0.35
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article

Analysis Cryptocurrency Prediction Price Using Recurrent Neural Network (RNN) Gate Recurrent Unit (GRU) Long Short-Term Memory (LSTM)

Ni Luh Wiwik Sri Rahayu Ginantra, Ida Bagus Ary Indra Iswara, Desak Made Dwi Utami Putra, M Santosa
1 citations
Computer Science and Engineering
0.35
article

Analysis Cryptocurrency Prediction Price Using Recurrent Neural Network (RNN) Gate Recurrent Unit (GRU) Long Short-Term Memory (LSTM)

Ni Luh Wiwik Sri Rahayu Ginantra, Ida Bagus Ary Indra Iswara, Desak Made Dwi Utami Putra, M Santosa
article en
1 citations

Abstract

Cryptocurrencies, which are digital assets intended to function as a medium of electronic exchange, have garnered significant global attention, with Bitcoin standing out as the most recognized example. A variety of neural network models, including Recurrent Neural Networks (RNN), Long Short-Term Memory (LSTM), and Gated Recurrent Units (GRU), have been employed in the quest to predict Bitcoin’s price movements. Numerous experiments have been conducted using different training configurations, specifically with epochs set at $100,200,300$, and 500, along with batch sizes of 32,64, and 128. These tests have consistently demonstrated that the GRU model surpasses both the RNN and LSTM models in terms of prediction accuracy and overall consistency. The results indicate that GRU presents a more reliable framework for forecasting trends in Bitcoin prices, offering greater stability and precision. Consequently, the GRU model is emerging as a preferred choice for those aiming to refine predictive analytics within the cryptocurrency market.

Openalex Percentile: Top 29%
Computer Science and Engineering
0.35
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