Analyzing and Forecasting Cryptocurrency using Deep Learning

Subhradip Roy

Data Scientist
Data Analyst
Deep Learning
Python
Tableau
TensorFlow

Client's Goal for the Project

The client sought a comprehensive understanding of the top 10 cryptocurrencies' market dynamics, with a focus on prominent coins such as Bitcoin, Ethereum, Binance Coin etc.

The goal was to derive actionable insights and accurate predictions using ARIMA and Facebook Prophet to inform strategic decision-making in the volatile cryptocurrency landscape.

Details about My Contribution

● I employed advanced statistical techniques in the EDA phase, unraveling key insights and identifying significant trends and patterns across the selected cryptocurrencies. The in-depth analysis provided a solid foundation for subsequent predictive modeling. Here are a few glimpses of the visualization :

Heat map of the Correlation of Daily Stock Returns
Heat map of the Correlation of Daily Stock Returns

● To accurately predict cryptocurrency prices, I implemented transfer learning and fine tuning techniques using ARIMA and Facebook Prophet models. The culmination of these efforts resulted in an impressive prediction accuracy rate of 85%, outperforming industry benchmarks and providing the client with a reliable forecasting tool.

ARIMA - Plotting the Comparison of Bitcoin Price
ARIMA - Plotting the Comparison of Bitcoin Price

● In addition to predictive modeling, I developed an interactive Tableau Dashboard that integrates data from

CoinMarketCap

for the top 5 cryptocurrencies. Preprocessing methods were applied to ensure a unified data source, incorporating daily trading prices, volume, market cap and seamlessly integrating predicted prices from the transfer learning models.

Watch on YouTube

● The Tableau dashboard offers a user-friendly interface for comprehensive analysis, enabling stakeholders to explore cryptocurrency trends intuitively.

Summary of Project Success

● The project successfully delivered a nuanced understanding of cryptocurrency market dynamics, empowering the client with actionable insights and accurate price predictions.

● The 85% prediction accuracy rate demonstrated the effectiveness of the transfer learning and fine tuning techniques employed.

● The tableau dashboard stands as a user-friendly visualization tool facilitating in-depth analysis of cryptocurrency trends and aiding strategic decision-making.

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