2022
DOI: 10.52005/fidelity.v4i2.74
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Bitcoin USD Closing Price (BTC-USD) Comparison Using Simple Moving Average And Radial Basis Function Neural Network Methods

Abstract: Bitcoin is a decentralized electronic money that is not controlled nor insured by a central authority. Because it is still a young system, the price of Bitcoin is extremely unpredictable, making Bitcoin users and investors uneasy. A typical difficulty for investors and traders is predicting the future movement of the value of Bitcoin electronic money based on historical data. Because investors and traders only notice swings in global currency prices and make Bitcoin buy/sell decisions instinctively, they frequ… Show more

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Cited by 6 publications
(3 citation statements)
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References 13 publications
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“…Data cleaning is a data cleansing process that involves evaluating data quality and making changes, updates, or deleting incorrect, incomplete, and inaccurate data. The data cleaning process can be done manually or automatically depending on the needs and complexity [15]. In data cleaning, several types of data problems need to be considered, such as missing values, outliers, duplicates, inconsistencies, and mislabels [16].…”
Section: Data Cleaningmentioning
confidence: 99%
“…Data cleaning is a data cleansing process that involves evaluating data quality and making changes, updates, or deleting incorrect, incomplete, and inaccurate data. The data cleaning process can be done manually or automatically depending on the needs and complexity [15]. In data cleaning, several types of data problems need to be considered, such as missing values, outliers, duplicates, inconsistencies, and mislabels [16].…”
Section: Data Cleaningmentioning
confidence: 99%
“…Additionally, feature selection is performed to identify the most relevant features for predicting prices, usually used for both cryptocurrency and stock markets. Among the various potential indicators, simple moving average (SMA) [9], relative strength index (RSI) [10], moving average convergence divergence (MACD) [11] and on-balance volume (OBV) [12] are selected as the most influential indicators based on previous literature and domain knowledge. SMA is a suitable feature for prediction because it provides a smoothed representation of historical data, reducing noise and highlighting underlying trends.…”
Section: Data Collection and Preprocessingmentioning
confidence: 99%
“…Investors and traders usually choose the wrong time to buy or sell Bitcoin because they simply take into account fluctuations in the price of other currencies and act instinctively. We will forecast the closing price of Bitcoin USD from January 1, 2021, to January 31, 2021, using a comparison of two approaches, the Simple Moving Average and RBFNN [10].…”
Section: Literature Reviewmentioning
confidence: 99%