# BIRP: Bitcoin Information Retrieval Prediction Model Based on Multimodal Pattern Matching

arXiv: https://arxiv.org/abs/2308.08558 · HTML: https://mlsanity.com/paper/2308.08558/

## Key facts

- No citing papers in the map yet (data through 14 Oct 2026).
- Builds on 8 of its 13 references that are in the map.
- First posted on arXiv 14 Aug 2023.

## Builds on (most cited first, 8 of 8)

- [BERT: Pre-training of Deep Bidirectional Transformers for Language Understanding](https://mlsanity.com/paper/1810.04805/) (2018)
- [A Simple Framework for Contrastive Learning of Visual Representations](https://mlsanity.com/paper/2002.05709/) (2020)
- [XGBoost: A Scalable Tree Boosting System](https://mlsanity.com/paper/1603.02754/) (2016)
- [UMAP: Uniform Manifold Approximation and Projection for Dimension Reduction](https://mlsanity.com/paper/1802.03426/) (2018)
- [DeBERTa: Decoding-enhanced BERT with Disentangled Attention](https://mlsanity.com/paper/2006.03654/) (2020)
- [SimCSE: Simple Contrastive Learning of Sentence Embeddings](https://mlsanity.com/paper/2104.08821/) (2021)
- [TS2Vec: Towards Universal Representation of Time Series](https://mlsanity.com/paper/2106.10466/) (2021)
- [Stock Chart Pattern recognition with Deep Learning](https://mlsanity.com/paper/1808.00418/) (2018)

## Abstract (arXiv)

Financial time series have historically been assumed to be a martingale process under the Random Walk hypothesis. Instead of making investment decisions using the raw prices alone, various multimodal pattern matching algorithms have been developed to help detect subtly hidden repeatable patterns within the financial market. Many of the chart-based pattern matching tools only retrieve similar past chart (PC) patterns given the current chart (CC) pattern, and leaves the entire interpretive and predictive analysis, thus ultimately the final investment decision, to the investors. In this paper, we propose an approach of ranking similar PC movements given the CC information and show that exploiting this as additional features improves the directional prediction capacity of our model. We apply our ranking and directional prediction modeling methodologies on Bitcoin due to its highly volatile prices that make it challenging to predict its future movements.