Defining a probability graph for predicting the further prices of cryptocurrency (bitcoins)

Bitcoin is a type of cryptocurrency. “A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or doublespend virtual currency”. (Frankenfield, Jake. “Cryptocurrency.” Investopedia, https:// www.investopedia.com/terms/c/cryptocurrency.asp. Accessed on 22 January 2020.) This project would deal with defining a probability graph for predicting the future prices of bitcoins. The main idea is to form a graph with observable patterns and to predict the further prices based on those patterns. There are some minute patterns such as most of the time the graph spikes sometime in the month of January or late December. These patters when further studied in detail could reveal bigger and more important details which would contribute towards getting a substantial conclusion. INTRODUCTION There is no company or individual who actually controls the prices of bitcoins but the prices are self controlled and regulated. The prices of bitcoins are highly irregular and are controlled by the following factors 1) The supply of bitcoin and market demand for it 2) Regulations governing its sale