Summary of Mining Tweets to Predict Future Bitcoin Price, by Ashutosh Hathidara et al.
Mining Tweets to Predict Future Bitcoin Price
by Ashutosh Hathidara, Gaurav Atavale, Suyash Chaudhary
First submitted to arxiv on: 3 Dec 2024
Categories
- Main: Artificial Intelligence (cs.AI)
- Secondary: None
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| Summary difficulty | Written by | Summary |
|---|---|---|
| High | Paper authors | High Difficulty Summary Read the original abstract here |
| Medium | GrooveSquid.com (original content) | Medium Difficulty Summary This research paper explores the connection between Bitcoin price fluctuations and social media conversations about cryptocurrency, particularly on Twitter. The project combines user tweet data with Bitcoin price data to investigate the relationship between price changes and online discussions. Additionally, the study leverages this connection to predict future Bitcoin prices using novel techniques and methods. |
| Low | GrooveSquid.com (original content) | Low Difficulty Summary Imagine you’re trying to understand how people’s opinions about Bitcoin might affect its value. This paper digs into that idea by analyzing millions of tweets about cryptocurrency, especially Bitcoin, and comparing them to changes in Bitcoin’s price. The researchers are using special tools to analyze the data and make predictions about what will happen to Bitcoin’s price in the future. |
