07 December 2024

Bitcoin in the News : 2024-11 Price

If last month's price post, Bitcoin in the News : 2024-10 Price (November 2024), is to be believed, bitcoin's price jumped from $69.632 on 1 November to $96.939 on 1 December. That's a rise of almost 40% in a month.


Bitcoin (BTC) Price Index

What was the reason for the rise? In a word: Trump. I should investigate the reason(s), but I'm afraid that -- as always -- I'll have to put it off until another time.

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[TBD]

02 November 2024

Bitcoin in the News : 2024-10 Price

In last month's price post, Bitcoin in the News : 2024-09 Price (October 2024), I wrote,
Next month I'll look at some of the options on the chart.

First, here's the chart for October.


Bitcoin (BTC) Price Index

The upper left corner shows the current price & percent change (daily?) and is updated frequently. The upper right corner shows 'USD' and offers a total of 15 currencies.

Above the chart:-

  • '+' : 'Compare or add symbol'
  • '1h' : choice of three time periods
  • formula : 12 options for chart type; default is 'Baseline'
  • 'fx indicators' : around 100 'Indicators & strategies'

Below the chart:-

  • choice of six time periods; default = 1 day (?)
  • calendar icon : 'go to' date [incl. 'custom range']
  • UTC time, updated every second
  • three toggles for % / log / auto

In the bottom left of the chart is a small 'TV' icon. It links to TradingView - Track All Markets (tradingview.com).

Listing the options is just a start. Discovering what they do is the next step. The 'custom range' feature on 'go to date' might have been useful for the earliest charts when I forgot to take a snapshot at the beginning of the month, e.g. Bitcoin in the News : 2024-06 Price (July 2024). And what about those chart types and indicators?

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[TBD]

05 October 2024

Bitcoin in the News : 2024-09 Price

Unlike the two most recent months, I finally managed to capture a full month for the chart of the previous month. The red price line on the left and the green line on the right signal that the price was consistently rising throughout the month.


Bitcoin (BTC) Price Index

In last month's post Bitcoin in the News : 2024-08 Price (September 2024), I wrote,

At first I thought that the volume bars, coded green and red, correspond to a rising or falling price during that interval, but then I noticed some exceptions.

Since the exceptions are a small minority of the volume bars for a month, I now suspect that there is not perfect correspondence between the 24-hour periods covered by the price lines and those covered by the volume bars.

The small letters 'TV' in the lower left of the chart expand to 'Chart by TradingView'. Next month I'll look at some of the options on the chart.

***

[TBD]