Time series Forecasting: Using a LSTM Neural Network to predict Bitcoin prices
The cryptocurrency market is an extremely unstable and complex market, due to cryptocurrencies themselves being extremely volatile assets: their value fluctuates immensely in the span of a few hours. As opposed to stocks, cryptocurrencies hold no intrinsic value. The value of a stock is intrinsically correlated with a company's performance & profitability. For example, on the one hand, Amazon ($AMZN) and Netflix ($NFLX) saw their stock prices soar during the pandemic, due to an increase in online shopping and a higher demand for video streaming services. Recently, Netflix dropped significantly because the quarter's objectives were not met, and the platform had lost 200,000 subscribers.
Apr-28-2022, 05:15:05 GMT