This excel file has all of the calculations inside. A few highlights:
Screenshot of calculations:
- Quite strong (0.88) correlation between palladium price and almost all of descriptors of bitcoin data
- Same for Dow Jones Industrial Average stock index (0.88)
- EUR-USD exchange rate correlated at the level of 0.75
I’ll think of writing simple bitcoin price prediction model – yet without ML/DL at the moment. Let’s leave harder stuff for later.
Thanks for reading,