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Department of Computer Science & Engineering (DATA SCIENCE)

PROJECT / MINI PROJECT PRESENTATION


AY 2023-24

Crypto Currency Price Prediction

PRESENTED BY:-
Shantanu Chavan
Karan Bisht
Arya Chintawar GUIDED BY:-
Satyam Chaurasiya Prof. Vrushali Bendre
FLOW OF PRESENTATION
1. Introduction
2. Literature Survey
3. Proposed Methodology
4. Implementation
5. Result and Discussion
6. Conclusion and Future Scope
References
1. Introduction

• In the dynamic world of cryptocurrency, predicting price movements is both


a challenge and an opportunity. This project aims to leverage advanced
technologies, including machine learning and data analysis, to understand
trends, identify influencing factors, and develop accurate models for
predicting cryptocurrency prices.
• By addressing the complexities of market sentiment, managing risks, and
integrating interdisciplinary skills, the goal is to contribute to the creation of
reliable and trustworthy prediction models in the ever-evolving
cryptocurrency landscape.
1.1- Motivation

Innovation and Cutting-Edge Technology:


• Explore and apply cutting-edge technologies like machine learning and data
science.
Problem-Solving and Complexity:
• Tackle the complexity and volatility of cryptocurrency markets, developing
sophisticated problem-solving skills.
Potential for Profit:
• Approach the project with a disciplined mindset for potential financial gains
while understanding the associated risks.
Career Opportunities:
• Open doors to career opportunities as expertise in crypto analysis is sought
after by various industries.
1.2- Problem statement
Volatility Challenge:
• Cryptocurrency prices are highly unpredictable and can change rapidly.
Market Sentiment Complexity:
• Understanding and gauging market sentiment is difficult due to the emotional
nature of crypto trading.
Risk and Uncertainty:
• The risk associated with cryptocurrency investments is high, and uncertainty
about future events can impact prices.
Lack of Predictive Models:
• There is a need for accurate predictive models that consider various factors
influencing cryptocurrency prices.
1.3- Objectives
Understand Crypto Trends:
• Learn about trends and patterns in cryptocurrency prices to make informed
predictions.
Use Advanced Technologies:
• Apply advanced technologies like machine learning and data analysis for
accurate predictions.
Identify Relevant Factors:
• Figure out which factors, like social media and market metrics, actually
affect cryptocurrency prices.
2. Literature survey
Publication Title of the Paper Publication Year Authors Summary
INTERNATIONAL A Literature Survey MAY 2020 Raktim Kumar Dey, The project aims to
JOURNAL OF On Sentiment Debabrata Sarddar, provide a clear evaluation
SCIENTIFIC & Analysis Involving Indranil Sarkar, report on sentiment
TECHNOLOGY Social Media Rajesh Bose, Sandip analysis approaches and
RESEARCH Roy methodologies, upon
which further research
can be based.

International Journal A Literature Survey June 2020 Raktim Kumar Dey, This paper presents a
of Scientific & Techno on Sentiment Debabrata Sarddar, survey on prominent
logy Research
Analysis Techniques Indranil Sarkar, Sentiment Analysis
involving Social Rajesh Bose, approaches and
Media and Online Sandip Roy methodologies and seeks
Platforms to submit a clear
evaluation report upon
which grounds for further
research can be based.
3. Proposed methodology
Technical Analysis: Identifying patterns in price charts, such as triangles, head and
shoulders, and trendlines. Using technical indicators like Moving Averages, Relative
Strength Index (RSI), etc., to analyze historical price and volume data.
Fundamental Analysis: Market Sentiment Analysis by monitoring social media,
news sentiment, and other sentiment indicators to gauge the overall market
sentiment.
Machine Learning and Data Science:
• Regression Models: Using regression models to predict future prices based on
historical price data and relevant features.
• Time Series Analysis: Employing time series analysis techniques, such as ARIMA
(AutoRegressive Integrated Moving Average) or GARCH (Generalized
Autoregressive Conditional Heteroskedasticity), to model and predict price
movements.
Sentiment Analysis:
• Natural Language Processing (NLP): Analyzing news articles, social media, and
forum discussions to gauge sentiment around a particular cryptocurrency.
Market Microstructure Analysis:
• Order Book Analysis: Studying the order book and market depth to understand the
supply and demand dynamics at different price levels.
4. implementation

Software and Tools Hardware Requirements


• Python 3.x
• Computer or server
• Jupyter Notebook
• Pandas (Python • At least 8GB of RAM
Library) • Processor – i3 3rd Gen and above
• NumPy (Python
Library) • Ram - Adequate amount of memory
• Scikit-learn (Python • Memory Space - Adequate amount
Library) of memory
• NLTK (Natural
language Toolkit)
5. Result and Discussion

• Results indicate promising trends in cryptocurrency price prediction, showcasing


the potential of advanced technologies.
• The discussion highlights the importance of continuous learning and adaptation
to market dynamics. While challenges persist, the project contributes valuable
insights to the broader community, emphasizing the need for ethical
considerations in the development and application of prediction models.
6. Conclusion and future scope
Conclusion:
In conclusion, this cryptocurrency price prediction project underscores the
potential of advanced technologies in forecasting market trends. The journey
has illuminated challenges, emphasizing the ongoing need for adaptability and
ethical considerations. As we navigate the dynamic crypto landscape, the
insights gained contribute to the collective understanding of reliable prediction
models, offering both opportunities and valuable lessons for the future.
REFERENCES
1. Bird, S., Klein, E., & Loper, E. (2009). Natural language processing
with Python. " O'Reilly Media, Inc.". Link: https://www.nltk.org/book/
2. Loria, S. (2018). Text Analytics with Python: A Practical Real-World
Approach to Gaining Actionable Insights from your Data. Apress.
Link: https://www.apress.com/gp/book/9781484223871
THANK YOU

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