{"id":19803,"date":"2022-04-15T16:11:14","date_gmt":"2022-04-15T16:11:14","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=19803"},"modified":"2022-04-26T16:15:39","modified_gmt":"2022-04-26T16:15:39","slug":"knowledgeable-comprehension-bitcoin-price-charts","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/","title":{"rendered":"Knowledgeable Comprehension: Bitcoin Price Charts"},"content":{"rendered":"<p>Whether you currently possess bitcoin or want to acquire some, you&#8217;ll eventually want to know how much the crypto coins are worth in your preferred currency.<\/p>\n<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-17601 size-full\" src=\"https:\/\/www.openbusinesscouncil.org\/wp-content\/uploads\/2021\/11\/How-To-Make-Your-Bitcoin-Transactions-More-Secure.jpg\" alt=\"Knowledgeable Comprehension: Bitcoin Price Charts\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2021\/11\/How-To-Make-Your-Bitcoin-Transactions-More-Secure.jpg 1200w, https:\/\/www.footballthink.com\/wp-content\/uploads\/2021\/11\/How-To-Make-Your-Bitcoin-Transactions-More-Secure-300x169.jpg 300w, https:\/\/www.footballthink.com\/wp-content\/uploads\/2021\/11\/How-To-Make-Your-Bitcoin-Transactions-More-Secure-1024x576.jpg 1024w, https:\/\/www.footballthink.com\/wp-content\/uploads\/2021\/11\/How-To-Make-Your-Bitcoin-Transactions-More-Secure-768x432.jpg 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/p>\n<p>Later on, you&#8217;ll want to know whether to keep your coins or sell them for a profit. However, examining price charts and comprehending financial terminology may be somewhat difficult, particularly for the novice.<\/p>\n<p>The <a href=\"https:\/\/coinculture.com\/au\/learn\/bitcoin\/bitcoin-price-chart\" target=\"_blank\" rel=\"noopener\"><strong>Bitcoin price chart at Coin Culture<\/strong><\/a>\u00a0 serves as an excellent introduction to the fundamentals.<\/p>\n<ul>\n<li>\n<h3><strong>What is the current price of bitcoin?<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>The best location to get the current bitcoin price (currency symbol: BTC or XBT) is on the exchange from whence you purchased them (Bitstamp, Bitfinex, and BTC-e are the most popular exchanges at the moment), or on Coin culture&#8217;s own Bitcoin Price Index.<\/p>\n<p>Knowing the present price of bitcoin is one thing; but, you&#8217;ll soon want to know where prices will go in the future.<\/p>\n<ul>\n<li>\n<h3><strong>Techniques for forecasting price trends<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>Forecasting the price fluctuations of anything traded on an exchange is a high-stakes game of probability \u2014 nobody is always correct. Numerous traders have lost significant sums of money, if not their whole life savings, in such endeavours.<\/p>\n<p>Fundamental analysis and technical analysis are the two primary methods for forecasting price movement. While fundamental analysis investigates the underlying dynamics that drive an economy, a firm, or security, the technical analysis makes forecasts about the future direction of prices using previous market data, especially historical prices and volumes seen on price charts.<\/p>\n<ul>\n<li>\n<h3><strong>Where can I locate bitcoin price charts?<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>Rather than just looking at a table of numbers, you&#8217;ll want to use bitcoin price graphs to see how the price and volume have changed over time. The\u00a0Bitcoin price chart at Coin Culture\u00a0is a good place to start.<\/p>\n<ul>\n<li>\n<h3><strong>A simple pricing chart:<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>The price line is drawn using the closing prices for any specified period (a month, a week, a day, or an hour, for example). This kind of chart may be used to quickly assess how prices have been doing recently, but traders want further data to make conclusions.<\/p>\n<ul>\n<li>\n<h3><strong>The chart of candlesticks:<\/strong><\/h3>\n<\/li>\n<\/ul>\n<p>Candlestick charts exhibit additional information in addition to the closing price: each &#8216;candle&#8217; displays the beginning price, the low and high prices for the specified period, as well as the closing price.<\/p>\n<p>Additionally, the colour of the candle body shows whether the closing price was greater than the starting price (often a green bar referred to as an &#8216;up-bar&#8217;) or less than the opening price (typically a red bar referred to as a &#8216;down-bar&#8217;).<\/p>\n<p>Although the candlestick chart is a member of the OHLC (open high, low close) family of price charts, there are a plethora of different chart types\/styles available to fit any skilled trader&#8217;s desire.<\/p>\n<p>Another form worth noting is the range chart which is not time-based (NTB). However, beginners may find them less natural and more challenging to understand.<\/p>\n<p>There is a plethora of information for the expert trader&#8217;s eyes in candlestick charts, like whether a candle&#8217;s width \u00a0is wide or narrow, where the closing price is about between the high and low.<\/p>\n<p>Together with the patterns formed by groups of candlesticks, this is the basis for traders&#8217; trend biases: bullish (increasing prices), bearish (falling prices), or sideways range.<\/p>\n<p>After learning how to interpret (bitcoin) price charts, it&#8217;s a good idea to begin tracking bitcoin&#8217;s price growth daily. Eventually, you will begin to see certain patterns on the charts &#8211; most likely the trending behaviour of pricing. You may recall later that this was the moment at which you were introduced to the art of technical price analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Whether you currently possess bitcoin or want to acquire some, you&#8217;ll eventually want to know how much the crypto coins are worth in your preferred currency. Later on, you&#8217;ll want to know whether to keep your coins or sell them for a profit. However, examining price charts and comprehending financial terminology may be somewhat difficult, [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":17601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":""},"categories":[3585],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v19.7.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Knowledgeable Comprehension: Bitcoin Price Charts - OpenBusinessCouncil Directory<\/title>\n<meta name=\"description\" content=\"Whether you currently possess bitcoin or want to acquire some, you&#039;ll eventually want to know how much the crypto coins are worth in your preferred currency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Knowledgeable Comprehension: Bitcoin Price Charts\" \/>\n<meta property=\"og:description\" content=\"Whether you currently possess bitcoin or want to acquire some, you&#039;ll eventually want to know how much the crypto coins are worth in your preferred currency.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/\" \/>\n<meta property=\"og:site_name\" content=\"OpenBusinessCouncil Directory\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-15T16:11:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-26T16:15:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.footballthink.com\/wp-content\/uploads\/2021\/11\/How-To-Make-Your-Bitcoin-Transactions-More-Secure.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Hernaldo Turrillo\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Hernaldo Turrillo\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/\"},\"author\":{\"name\":\"Hernaldo Turrillo\",\"@id\":\"https:\/\/www.footballthink.com\/#\/schema\/person\/b9610afd0759dc701187a7f622375c23\"},\"headline\":\"Knowledgeable Comprehension: Bitcoin Price Charts\",\"datePublished\":\"2022-04-15T16:11:14+00:00\",\"dateModified\":\"2022-04-26T16:15:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/\"},\"wordCount\":601,\"publisher\":{\"@id\":\"https:\/\/www.footballthink.com\/#organization\"},\"articleSection\":[\"Business Resources\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/\",\"url\":\"https:\/\/www.footballthink.com\/knowledgeable-comprehension-bitcoin-price-charts\/\",\"name\":\"Knowledgeable Comprehension: Bitcoin Price Charts - 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