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The increasing popularity of cryptocurrencies has made predicting their prices an important area of

research. The volatility and complexity of Bitcoin make it a challenging task to accurately predict its
price. While past research has implemented machine learning to enhance the precision of Bitcoin
price prediction, limited attention has been given to examining the viability of employing diverse
modeling techniques to datasets with varying data structures and dimensional attributes.

In order to forecast Bitcoin prices using machine learning techniques at different intervals, this study
initiates by categorizing Bitcoin prices into daily prices and high-frequency prices. This project aims
to predict the price of Bitcoin using machine learning techniques, specifically the Random Forest
Classifier algorithm. The dataset used for this project consists of historical Bitcoin price data from
July 2010 to May 2023. The data was preprocessed and feature engineering was performed to
extract relevant features for the model.

The Random Forest Classifier algorithm was used to predict the price of Bitcoin based on the input
features. The algorithm was trained on the preprocessed data and hyperparameter tuning was
performed to optimize the model performance. Moreover, as an extension to our work, we have
created a simulation dashboard utilizing Flask, a popular web framework model. This dashboard
enables users to evaluate various machine learning algorithms to assess their performance in
predicting Bitcoin prices.

With this platform, researchers and traders alike can explore and compare the accuracy and
effectiveness of different models in different scenarios, thereby enhancing their understanding and
decision-making capabilities within the cryptocurrency market.

The results of the project show that the Random Forest Classifier algorithm achieved 99% accuracy
in predicting the price of Bitcoin. This high level of accuracy demonstrates the effectiveness of
machine learning techniques in predicting the price of Bitcoin.

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