MFB: A Generalized Multimodal Fusion Approach for Bitcoin Price Prediction Using Time-Lagged Sentiment and Indicator Features

【Author】 Han, Ping; Chen, Hui; Rasool, Abdur; Jiang, Qingshan; Yang, Min

【Source】EXPERT SYSTEMS WITH APPLICATIONS

【影响因子】8.665

【Abstract】Bitcoin's volatile nature has made its price prediction a sought-after mathematical model in the FinTech industry. Existing studies, however, need to look into the critical aspect of time-lagged sentiment in Bitcoin price forecasting. This omission is significant because time-lagged sentiment captures delayed market reactions that are not immediately apparent in price movements. Moreover, the correlation between time-lagged sentiment and technical indicators and the limitations of individual machine learning and deep learning models necessitates a comprehensive approach for accurate and reliable Bitcoin price predictions. This paper introduces the multimodal fusion Bitcoin (MFB), an innovative generalized multimodal fusion approach that effectively integrates BiLSTM and BiGRU layers for complex feature extraction. The model employs the BorutaShap algorithm for feature selection and utilizes attention mechanisms and spatial dropout for optimization and generalization. MFB's training and validation use news and tweet data combined with Bitcoin technical indicators to explore the impact of time-lagged sentiment on price movements, leading to more accurate and timely market predictions. The MFB performs superior Bitcoin prediction performance, achieving 97.63% accuracy and an MAE of 0.0065. Experiments highlight MFB's capability to outperform existing models, offering significant insights for investors in making informed decisions. MFB's innovative methodology, particularly in next-hour Bitcoin price forecasting, marks an advancement in financial forecasting. By capturing the nuanced dynamics of market sentiment and its delayed effects, MFB is a pioneering multimodal fusion approach in the FinTech domain, revolutionizing Bitcoin price prediction.

【Keywords】Bitcoin price prediction; Sentiment analysis; Multimodal fusion; Feature optimization; BiLSTM and BiGRU; Tweets data

【发表时间】2025 FEB 1

【收录时间】2024-11-01

【文献类型】理论模型

【主题类别】

区块链技术-协同技术-机器学习