Public Perception of Buying and Selling Bitcoin Using Lexicon Sentiment Analysis

Authors

  • Muhammad Rahman Ali Telkom University
  • Rifki Wijaya Telkom University
  • Prasti Eko Yunanto Telkom University

DOI:

https://doi.org/10.34818/INDOJC.2024.9.2.980

Keywords:

Bitcoin, BTC Trading, Sentiment Analysis, Sentiment Lexicon, Public Perception, Cryptocurrency Market

Abstract

This study investigates public perceptions of Bitcoin (BTC) trading using sentiment lexicon analysis. The rapid growth of cryptocurrency trading has attracted significant public interest and investment, making it crucial to understand the sentiments and opinions surrounding BTC transactions. By employing sentiment lexicon methods, this research analyzes tweets and social media posts to determine public sentiment. The study aims to identify trends and patterns in public opinion, providing insights into how sentiment impacts BTC trading behavior. Preliminary results indicate a correlation between positive sentiment and increased trading activity, while negative sentiment correlates with market declines. This research contributes to a better understanding of the role of public sentiment in the volatile cryptocurrency market.

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Published

2024-09-17

How to Cite

Muhammad Rahman Ali, Wijaya, R., & Yunanto, P. E. (2024). Public Perception of Buying and Selling Bitcoin Using Lexicon Sentiment Analysis. Indonesian Journal on Computing (Indo-JC), 9(2), 185–198. https://doi.org/10.34818/INDOJC.2024.9.2.980

Issue

Vol. 9 No. 2 (2024): August, 2024

Section

Computer Science

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