#BTCPrediction Predicting Bitcoin (BTC) prices is a complex endeavor due to the cryptocurrency's inherent volatility, market sentiment, and external factors.
🔍 Key Prediction Models and Techniques
Ensemble Learning Method (ELM)
MRC-LSTM Hybrid Model
CNN–LSTM with Feature Selection
By combining CNNs and LSTMs with feature selection techniques like Boruta, this model achieved an accuracy of 82.44% in predicting BTC price directions. Backtesting trading strategies based on these predictions yielded annual returns exceeding 6,600%.
Multi-LSTM-Sentiment Model
Incorporating Twitter sentiment scores with historical BTC data, this model utilized a three-layer LSTM architecture to predict price movements. It demonstrated improved accuracy by integrating social media sentiment.
Gated Recurrent Unit (GRU) Ensemble
A recent study found that combining the 'Low' price feature with a GRU-based ensemble model enhanced directional accuracy in BTC forecasting. This approach emphasizes the importance of specific time series features.
📊 Current Bitcoin Price Snapshot
As of May 7, 2025, the current Bitcoin price is $97,380 USD, reflecting a 3.27% increase from