Cryptocurrency adoption in Indonesia has grown rapidly, with more people registering to trade digital coins than those investing in traditional stocks. However, even as investor numbers climb, the total value of daily transactions keeps dropping. This drop is linked to how unstable crypto prices can be, making many investors hesitant to put in more money.
To help reduce risk and losses, researchers looked at ways to predict crypto prices better. They focused on the five biggest cryptocurrencies by market size: Bitcoin (BTC), Binance Coin (BNB), Ethereum (ETH), XRP, and Cardano (ADA). The team used something called the Markov Switching Autoregressive model. This method helps spot hidden patterns in price data by switching between different states over time.
The results showed that each co