Bitcoin is the most popular cryptocurrency with the highest market value. It was said to have potential in changing the way of trading in future. However, Bitcoin price prediction is a hard task and difficult for investors to make a decision. This is caused by nonlinearity property of the Bitcoin price. Hence, a better forecasting method is essential to minimize the risk from inaccuracy decision. The aim of this paper is to first compare three different neural networks which are Feedforward Neural Network (FNN), Nonlinear Autoregressive with Exogenous Input (NARX) Neural Network and Nonlinear Autoregressive (NAR) Neural Network by obtaining the predicted result for each model. The best model is identified by evaluating the performance measurement of each model. After obtaining the best model, it is used to undergo 30 days ahead forecast. The result showed that the performance of NARX out-performed FNN and NAR. It is proven NARX is the suitable neural network to forecast Bitcoin price. The resulting model provides new insights into Bitcoin forecasting using NARX which directly benefits the investors and economists in lowering the risk of making the inaccurate decision when it comes to investing in Bitcoin.
Natural disaster brings massive destruction towards properties and human being and flood is one of them. In order for the government to take earlier action to reduce the damages, an accurate flood prediction is necessary. In Malaysia, Kelantan is categorized as a high flood risk area, thus this study focuses on Kelantan flood prediction. This study is to investigate the effect of decomposition for water level prediction by applying Artificial Neural Network (ANN) forecasting model. In this study, Empirical Mode Decomposition (EMD) is used as the decomposition method. The best Intrinsic Mode Function (IMF) for each input variable is selected using correlation-based selection method. The results showed that the performance of hybrid EMD and ANN is superior compared to other models, especially classic ANN model. The reason for this outcome is that through decomposition methods, ANN is able to capture more in-depth information of the Kelantan hydrological time series data. The resulting model provides new insights for government and hydrologist in Kelantan to have better prediction towards flood occurrence.
Bitcoin is the most popular cryptocurrency with the highest market value. It was said to have potential in changing the way of trading in future. However, Bitcoin price prediction is a hard task and difficult for investors to make decision. This is caused by nonlinearity property of the Bitcoin price. Hence, a better forecasting method are essential to minimize the risk from inaccuracy decision. The aim of this paper is to compare two different training algorithms which are Levenberg-Marquardt (LM) backpropagation algorithm and Scaled Conjugate Gradient (SCG) backpropagation algorithm using Feedforward Neural Network (FNN) to forecast the Bitcoin price. After obtaining the forecasting result, forecast accuracy measurement will be carried out to identify the best model to forecast Bitcoin price. The result showed that the performance of Bitcoin price forecasting increased after the application of FNN – LM model. It is proven that Levenberg-Marquardt backpropagation algorithm is better compared to Scaled Conjugate Gradient backpropagation when forecasting Bitcoin price using FNN. The resulting model provides new insights into Bitcoin forecasting using FNN – LM model which directly benefits the investors and economists in lowering the risk of making wrong decision when it comes to invest in Bitcoin. Keywords: Bitcoin Price; Artificial Neural Network; Forecasting
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.
customersupport@researchsolutions.com
10624 S. Eastern Ave., Ste. A-614
Henderson, NV 89052, USA
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2025 scite LLC. All rights reserved.
Made with 💙 for researchers
Part of the Research Solutions Family.