I find that the dominant bitcoin news story of the previous month was its price action. Instead of gathering stories from a number of different news sources, perhaps I would be better served by finding a single reliable source for all of the month's relevant stories. But which one? A few months ago I analyzed
- Bitcoin in the News : Sources (October 2016) • 'General news sources often appearing in bitcoin news feeds:- [excluding bitcoin specific sources; ranked in descending order]'
where finance.yahoo.com was the top source. I looked at it again for 5-10 minutes, but couldn't locate any sort of regular, recurring analysis centered on bitcoin price. Perhaps it would be better to look at bitcoin specific sources. Again: which one?
Looking at my short list of January 2017 stories -- which I'll tackle in my next post -- the site that pops up the most often is cointelegraph.com. In addition, their articles often (always?) feature a bold graphic to add visual interest to the underlying story. Bingo! The page
- Bitcoin price analysis • cointelegraph.com/category/analysis
seems to be exactly what I'm looking for. Of the 15-20 stories covering the month of January, I found a half-dozen that documented the January price action:-
- 2016-12-31: Why Bitcoin Boomed in 2016, What Will Happen in 2017
- 2017-01-02: Bitcoin Breaks $1000, 1 mBTC At Par With $1
- 2017-01-06: China Warns Bitcoin Users, Panic Sellers Drive Bitcoin Price Down 21 Percent
- 2017-01-11: China’s Central Bank is Inspecting Bitcoin Operators, Bitcoin Price is Tumbling
- 2017-01-18: The Bitcoin Price Bounces Back to $900 Following Last Week’s Carnage
- 2017-02-01: Bitcoin Price Climbs Closer to $1000 As More Bitcoin Going US Way
On top of that verbal analysis, another page on the site offers a chart which can be tailored to display the latest month.
The top portion of the chart shows January; the bottom portion shows January in relation to the historical, long-term price. The Cointelegraph services should be useful the next time I need a rapid analysis of the preceding month's bitcoin price.
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