ARTICLE
TITLE

Hybrid Model for Sentiment Analysis of Bitcoin Prices using Deep Learning Algorithm

SUMMARY

Bitcoin is a decentralized digital currency, which is not controlled by a single authority or government. Bitcoin uses blockchain technology to verify transactions and guarantee user security and privacy. The fluctuating value of bitcoin is influenced by opinions that develop because many people use these opinions as a basis for buying or selling bitcoins. Knowledge to find out the market conditions of bitcoin based on public opinion is very necessary. This study aims to develop a hybrid model for bitcoin sentiment analysis. The dataset used came from comments on the Indodax website chat room, as many as 2890 data were successfully collected, then do data preprocessing, translate to english, text labeling and used hybrid parallel CNN and LSTM using word embedding glove 100 dimensions. Results of the experiments conducted, at 90:10 data splitting and 100 epochs is the best model with 88% accuracy, 86% precision, 78% recall and 81% f1-score, while the classification of opinion text comments on indodax chat results in 64.22% neutral comments, 21.14% positive comments and 14.63% negative comments. Based on research results, use of a parallel hybrid model provides a high accuracy value in classifying text, from these results positive comments are more than negative so that investors are advised to buy bitcoins. 

 Articles related

Bambang Agus Herlambang,Muhammad Saifuddin Zuhri,Dwi Nuvitalia                           DOI : 10.26623/transformatika.v15i2.705 | Abstract views: 479 times    

People's lifestyles change in spending their funds have changed. Trend of software development innovation in Indonesia could be mapped into several types of E-Commerce, Media, Transportation, Accommodation and Logistics and Education. Now, there are 45 y... see more

Revista: Transformatika

N. M. Korablev,G. S. Ivaschenko    

The paper studies ways of parallelization of hybrid immune algorithm of short-term forecasting of time series built on the basis of clonal selection model that uses case-based reasoning and the simplest methods of forecasting. There has been an... see more


S.V. Sulima,M.A. Skulysh    

Context. The problem of growth of the mobile data traffic and the number of services becomes global, moreover, volume and frequencyof control traffic transmitted through the network are increasing, and therefore there is a need for its effective manageme... see more


A. V. Goncharenko    

Context. The problem of the determination of the optimal value of the augmentation coefficient of a proportional governor includedinto an inertness-less linear object control system on the basis of a synthesized model is solved. The object of the present... see more


S. V. Choporov    

Context. The present article deals with the problem of representation of solids in computer-aided design. The object of the study is a process of representation of solids in computer-aided design.Objective. The objective of the study is the development o... see more