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Proceedings of the Proceedings of the 1st International Conference on Statistics and Analytics, ICSA 2019, 2-3 August 2019, Bogor, Indonesia
In recent years, Bitcoin has attracted a lot of attention because of its nature that supports encryption technology and monetary units. For traders, Bitcoin becomes a promising investment since its fluctuating prices potentially draw high profit (the higher the risk the higher the return). Unlike conventional stock, Bitcoin trades for 24 hours a day without a closing period, so that it escalates the risk. Predicting the value of Bitcoin is expected to minimize the risk by considering somedoi:10.4108/eai.2-8-2019.2290515 fatcat:c6l4kxf4dbdczckmjs7bmrfggy