Journal of a bitcoin explorer. Where will it lead? Keywords: cryptocurrency [crypto currency], blockchain [block chain], ledger, digital signature, cryptographic hash, Satoshi Nakamoto, mining, altcoin, crowdsourcing, consensus system.
12 October 2024
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.
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.
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[TBD]
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