2019
DOI: 10.21474/ijar01/10188
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Forecasting Cryptocurrency Price Movement Using Moving Average Method : A Case Study of Bitcoin Cash

Abstract: The aim of this study is to develop forecasting cryptocurrency price movement using moving average. The cryptocurreny that selected in this study is Bitcoin Cash. The observation periods involved in this study are starting from 1 st October 2019 until 20 th December 2019.The price of Bitcoin Cash are collected from https://www.coindesk.com. The moving average forecasting method implemented using 2-days, 3days, 4-days and 7-days calculation. The value of mean absolute error percentage for 2-days moving average … Show more

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Cited by 9 publications
(2 citation statements)
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“…The proposed models worked better than other models in predicting the changes in the price of bitcoin. Abu Bakar, Rosbi, and Uzaki (2019) used a moving‐average method to predict the bitcoin price. Data collected from October 1 until December 20, 2019, was used in experiments.…”
Section: Traditional Statistical Techniques For Cryptocurrency Price mentioning
confidence: 99%
“…The proposed models worked better than other models in predicting the changes in the price of bitcoin. Abu Bakar, Rosbi, and Uzaki (2019) used a moving‐average method to predict the bitcoin price. Data collected from October 1 until December 20, 2019, was used in experiments.…”
Section: Traditional Statistical Techniques For Cryptocurrency Price mentioning
confidence: 99%
“…Therefore, for signals in the time domain, signal prediction methods based on statistics are more suitable. For signal forecasting, the classical statistical methods are based on the moving average method, which is easily disturbed by noise [43]. Methods developed on the basis of classical methods, such as X11, SEATS (Signal extraction in ARIMA time series) [44], and STL [45], can achieve more robust results.…”
Section: Introductionmentioning
confidence: 99%