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?

***

[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]

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]