Analyzing Bitcoin prices with chaos theory

Bitcoin has been talked about, discussed and studied in recent years due to both its popularity and the revolutions it has created in technology. This technology, which has influenced the whole world, not only shapes the future but also gives us the opportunity to look into the future today. Chaos theory, on the other hand, is a theory that created similar revolutions and offered us a different perspective when it emerged, and its importance has only been understood in recent years. Chaos theory is inherently unpredictable. The study will primarily focus on chaos theory. Chaos theory is a field studied in both Science and Social Sciences today. Chaos is the one that contains order and disorder. In this study, the historical price list of Bitcoin obtained from Yahoo Finance was used. The historical price list obtained with the Python programming language was analyzed by applying chaos theory. In the first part of the study, information on Chaos theory is given and the historical development process is discussed. In the second part, Bitcoin and its technology are discussed, its relationship with money, mining and blockchain technology are emphasized. In the third chapter, determinism and indeterminism are discussed within the context of chaos theory. In the fourth chapter, its application was made and the conclusion was written.