Application of Machine Learning Algorithms for Bitcoin Automated Trading

  • Kamil ŻbikowskiEmail author
Part of the Studies in Big Data book series (SBD, volume 19)


The aim of this paper is to compare and analyze different approaches to the problem of automated trading on the Bitcoin market. We compare simple technical analysis method with more complex machine learning models. Experimental results showed that the performance of tested algorithms is promising and that Bitcoin market is still in its youth, and further market opportunities can be found. To the best of our knowledge, this is the first work that tries to investigate applying machine learning methods for the purpose of creating trading strategies on the Bitcoin market.


Bitcoin Market Complex Machine Learning Models Exponential Moving Average (EMA) Maximum Drawdown Bitcoin Exchange 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Springer International Publishing Switzerland 2016

Authors and Affiliations

  1. 1.Faculty of Electronics and Information Technology, Institute of Computer ScienceWarsaw University of TechnologyWarsawPoland

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