BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT

Department of Computer Science & Engineering

“BITCOIN PRICE NOTIFICATION”

Bhavana N S USN: 1BY20CS038

Brundaja D N USN: 1BY20CS041
B C Narendra USN: 1BY21CS402
Chethan Kumar N USN: 1BY21CS405

Under the guidance of

Mrs.Vidya R Pai Dr. Srivani P

Assistant professor Assistant professor

2021-22
ODD Semester

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 BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT
Department of Computer Science & Engineering

INTRODUCTION:

 Nowadays, Cryptocurrencies are the hot trending topic, most importantly

‘Bitcoin’.
 But the problem is that bitcoin’s price is highly volatile and you will never really
know where it’s going to be at the end of the day. It’s really hard to keep track of
the ever-changing BTC price.
 As cryptocurrency investors,we want to quickly and accurately track the
fluctuation of cryptocurrency prices.
 Real time price alerts are an essential tool for investors . They can be sent to your
telegram ,displayed on your screen.

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 BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT
Department of Computer Science & Engineering

Cont.….

 In this project, we are going to build a python application that will keep track of
the latest bitcoin price and keeps us updated with the changing price at a
specified interval of time.
 This project is developed for those who wish to invest online while
simultaneously dealing with economic operations like purchasing, selling, and
trading.
 This crypto price alert is a notification that pops up on your phone ,telling you
that the price of a currency has reached or is approaching a certain point.
 The goal here is obvious that is to buy before the currency goes up and sell
before it goes down.

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 BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT
Department of Computer Science & Engineering

OBJECTIVES:

 From last many years it has been a trend to invest in cryptocurrency

especially(Bitcoin) because it is one of the most popular and decentralized
digital currency.
 Its prices keep on fluctuating very much that makes it difficult to predict.So,our
project aim is to find the less time consuming and accurate model for the
prediction of bitcoin price.
 using webhooks and IFTTT to push notifications when the price of bitcoin
changes at a certain time interval.
 This project is developed for those who wish to invest online while
simultaneously dealing with economic operations like purchasing, selling, and
trading.

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 BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT
Department of Computer Science & Engineering

LITERATURE SURVEY:
 The bitcoin’s price is highly volatile and it is really hard to know where it’s
going to be at the end of the day. It’s really difficult to keep track of the ever-
changing BTC price.
 In the existing system the user will have to be constantly checking various
websites in order to get the latest price of bitcoin which is very hectic and time
consuming.

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 BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT
Department of Computer Science & Engineering

PROPOSED METHODOLOGY:

 Bitcoin price is a fickle thing. You never really know where it’s going to be at the
end of the day. So, instead of constantly checking various sites for the latest
updates, we are making a Python app for automating the task.
 For this, we’re going to use the popular automation website IFTTT (“if this, then
that”). IFTTT is a web service that bridges the gap between different apps and
devices.
 Our Python app will make an HTTP request to the webhook URL which will
trigger an action. Now, this is the fun part—the action could be almost anything
you want. IFTTT offers a multitude of actions like sending an email, updating a
google spreadsheet, sending a normal sms, sending telegram messages and even
calling your phone.

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 BMS INSTITUTE OF TECHNOLOGY AND MANAGEMENT
Department of Computer Science & Engineering
 Our application tracks the bitcoin price for every x minutes(user specified time
interval) and stores it in a list.
 When the list get filled,it will send the data to our telegram app.
 If the bitcoin price falls below a certain threshold value,then it will send an
immediate telegram message to the user.

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