07 September 2024

Bitcoin in the News : 2024-08 Price

Just like last month's post, Bitcoin in the News : 2024-07 Price (August 2024), where I wrote...
This month I missed my self-imposed deadline and created the chart on the second day of the month.

...once again I missed the deadline by a day for this month.


Bitcoin (BTC) Price Index

Last month I also wrote,

Since this is the first month with the new chart look, I'm not sure what to look for. Maybe next month it will make more sense.

The top half of the chart is green and the bottom half is red. The price separating green and red is the midpoint between the highest price on the chart and the lowest point.

The volume bars at the bottom of the screen have no numeric quantities associated with them; they are all relative to each other. 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.

For example, the bar corresponding to 9 August is red and the price indeed fell over that interval. The bar to its right, however, is green but the price also fell over its interval. Maybe next month I'll spot the real meaning of green and red volume bars.

***

[TBD]

03 August 2024

Bitcoin in the News : 2024-07 Price

In last month's price post, Bitcoin in the News : 2024-06 Price (July 2024), I had a technical problem and decided,
Next month I'll try to create the chart on the first day of the new month.

This month I missed my self-imposed deadline and created the chart on the second day of the month.


Bitcoin (BTC) Price Index

Since this is the first month with the new chart look, I'm not sure what to look for. Maybe next month it will make more sense.

***

[TBD]

06 July 2024

Bitcoin in the News : 2024-06 Price

This month's price chart was double trouble. First, I had the same problem as documented last year in Bitcoin in the News : 2023-04 Price (May 2023), where I wrote,
This month, due to circumstances beyond my control, this post is actually being written two weeks after the date of the post.

At that time, I used a red line to mark the end of the month. Sounds simple, but I had a second problem. The source of the chart, Cointelegraph.com, changed its charting service to something completely different. Instead of being able to choose the start and end dates, it now offers six fixed time periods. Since the choice of one month wasn't an option, I used one year and added red lines to mark the beginning and end of June 2024.


Bitcoin (BTC) Price Index

The result isn't elegant, but it has all the info I like to capture. Next month I'll try to create the chart on the first day of the new month.

***

[TBD]