International Journal For Multidisciplinary Research

E-ISSN: 2582-2160     Impact Factor: 9.24

A Widely Indexed Open Access Peer Reviewed Multidisciplinary Bi-monthly Scholarly International Journal

Call for Paper Volume 6 Issue 6 November-December 2024 Submit your research before last 3 days of December to publish your research paper in the issue of November-December.

Bitcoin pricing and analysis

Author(s) Devansh Reddy
Country India
Abstract This research paper delves into the intricacies of Bitcoin pricing and analysis, exploring its economic implications, market behavior, and future potential. It examines the fundamental aspects of Bitcoin as a cryptocurrency, including its decentralized nature, blockchain technology, and factors influencing its value. By comparing Bitcoin's compounded annual growth rate (CAGR) with traditional assets like gold and the S&P 500 (SPY), the study highlights Bitcoin's volatility and high return potential. The paper employs a multivariate regression model to predict Bitcoin prices based on technical parameters such as transaction volume, block size, and network difficulty. Additionally, it analyzes the impact of media attention and market sentiment on Bitcoin's price fluctuations. The study concludes by forecasting Bitcoin prices for the next decade, emphasizing its viability as an investment and the need for increased institutional and retail participation in the cryptocurrency market.
Keywords Bitcoin; Cryptocurrency; Blockchain; Bitcoin pricing; Bitcoin analysis; Bitcoin volatility; Bitcoin growth rate; Bitcoin mining; Bitcoin transactions; Bitcoin network; Bitcoin valuation; Bitcoin market; Cryptocurrency adoption; Cryptocurrency investment; Digital currency; Bitcoin returns; Bitcoin stability; Bitcoin speculative demand; Bitcoin equilibrium; Bitcoin marginal cost; Bitcoin marginal product; Bitcoin transaction costs; Bitcoin supply; Bitcoin demand; Bitcoin regulatory challenges; Bitcoin market efficiency; Bitcoin attention drivers; Bitcoin future predictions; Bitcoin technical analysis; Bitcoin economic impact.
Field Mathematics > Economy / Commerce
Published In Volume 6, Issue 6, November-December 2024
Published On 2024-12-13
Cite This Bitcoin pricing and analysis - Devansh Reddy - IJFMR Volume 6, Issue 6, November-December 2024. DOI 10.36948/ijfmr.2024.v06i06.32955
DOI https://doi.org/10.36948/ijfmr.2024.v06i06.32955
Short DOI https://doi.org/g8wkmf

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