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Showing posts from July, 2018

BCH Price July 24 2018

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The closing BCH price on July 23rd was 784.39 USD (Pacific Time), according to CoinMarketCap (UTC).The Coinbase exchange worked out a different number for midnight Pacific Time, 8 hrs later, which was 788.70 USD. This is a far cry from May 5th, when it hit a soaring price of 1728.64 USD -according to Coinbase- following a swift recovery after a prolonged decline from December 2017 and January 2018 (Coinbase). Based upon data from CoinMarketCap, from June 26th to July 23rd, the standard deviation for price, which may be used as a measure of volatility, was 145.5 USD. The image below shows moving standard deviation for this period with a window length of 5 days, i.e. each point represents the standard deviation for the price on that particular day along with BCH Prices for the previous 4 days. All CoinMarketCap data reported is for Coordinated Universal Time (UTC). Raw data from CoinMarketCap (Coordinated Universal Time – UTC – 8 hours ahead of Pacific Time) At 11:44 (Pacif...

BCH Price

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BCH Price is determined by exchanges, all of whom decide on a slightly different number. The BCH price is used in technical analysis, by way of, among other techniques, candlestick analysis. When you go on an exchange, or a website that displays the current BCH price, you can often view it either in graphical (chart) form or view it on an API page. The BCH price chart shows the price as it varies over time, and can display windows of a chosen length, say on the order of a week, a month, 6 months, a year, or as far back as the coin existed. Bitcoin Cash Price charts are sometimes accompanied with raw data that can be downloaded for use at home at a certain resolution, often 24 hours, and that data always contains at least the following: high and low price and open and close price. Sometimes other data is included such as mean price or weighted price. Weighted BCH price consists of price averaged across several exchanges. This raw data is constantly updated and if you prefer to downloa...