Bitcoin in the News : 2019-08 Price

Last month's price chart bears some resemblance to the previous month, as seen in Bitcoin in the News : 2019-07 Price. The trend is strong after the start of the month, declines into mid-month, and flattens in the second half of the month. The monthly high in July was 1000 USD above the high in August, while the monthly lows were about the same.

Bitcoin (BTC) Price Index

Another distinguishing factor in August was the number of volume spikes. I count six, where the top four are shown in the following table. The second and third occurred a half-day apart, so I'll treat them as a single spike.

2019-08-07 12:00
2019-08-14 16:00)
2019-08-15 04:00)
2019-08-28 16:00

As usual, Cointelegraph's Analysis category had nothing to offer on price movements -- either those listed above or any other. In a directionless period, what is there to say?

I also looked at pairs of reports under the site's Price Analysis tag -- one before and one after each of the three distinct volume spikes identified above. There was nothing about the associated price movements. For the first time I noticed that volumes aren't taken into account for the technical analysis used in the reports.

The upshot of all this is that I have nothing special to talk about this month. There was one change worth noting. The price chart for August shows two fewer exchanges than the chart in July: from seven exchanges to five. Binance and Okex are missing.