Traditional markets, as well as the cryptocurrency market, are considered efficient if the growth of market capitalization increases gradually over time. One dimension of the market that deserves more attention in making margins has always been price prediction. Predictive analytical concepts have been put into practice in traditional markets for money making through algorithmic trading.
Several timestamped datasets serve as an input to a model that is able to classify whether a stock or a cryptocurrency price has increased or decreased based on dynamics such as news, announcements, and also reactions of the market to any regulatory actions made to a specific cryptocurrency.
Let's now try to understand some of the top issues faced by price prediction markets in cryptocurrencies.
Issues with price prediction
Let's look at the top two issues with regard to price prediction of cryptocurrencies. They are detailed as follows:
- Unable to adjust the...
