Bitcoin Exchange Rate Price Prediction Using Machine Learning Techniques: A Review

Virtual currencies are subsequently becoming more and more popular because of their use in financial communication worldwide. Bitcoin has gained an inducement in the area of cryptography, the science of wealth, and applied science due to its intrinsic behaviour of merging the encipher technology and pecuniary units. Cryptocurrencies with Bitcoin is being the most prominent example. Similar to the stock market and foreign exchange, Cryptocurrency market has been deligated. This paper highlights all the recent research work required to foretell the Bitcoin prices precisely, taking into consideration a variety of factors that upshot the cryptocurrency (Bitcoin) cost with the use of various machine learning algorithms. By examining the chronological order of the Bitcoin process this learning seeks to reveal the result obtained from Bayesian Neural Networks (BNNs). The year-wise enhancement and technology-based advancement reveals SVM model with highest prediction accuracy and BNN provides us with the second-best results.