Is it possible to predict tomorrow’s Bitcoin price? Or if that’s too far a leap, what about the price 20 minutes from now?
I’ll be using the Long Short-Term Memory (LSTM) RNN machine learning model to predict the Bitcoin price 20 minutes from now, relying solely on simple historical financial data.
I’ve written this article partly as a guide, and partly as an exercise exploring the potential use of the LSTM model for the purpose of Bitcoin price prediction. Hence I may skip over some of the fundamentals, as these are easily found elsewhere.
A disclaimer that my experience comes primarily from curiosity, practical applications at a personal and professional capacity, and a Fama’esque intrigue into efficient markets. This may mean some of the terminology and methodology used could differ from others.