Cryptocurrency Q&A
What is the turn of the candle effect in Bitcoin returns?
What is the turn of the candle effect in Bitcoin returns?
CryptoWizardry
Mon Dec 23 2024
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6 answers
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I want to understand how the 'candle effect' influences the returns on Bitcoin investments. Specifically, I'm curious about the pattern or trend it creates in the fluctuations of Bitcoin's value.
6 answers
Claudio
Wed Dec 25 2024
In contrast to these peak returns, the average return for all other minute-by-minute candles across all exchanges is negative.
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Michele
Wed Dec 25 2024
This suggests that the highest gains are concentrated within the aforementioned specific time intervals.
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Nicola
Wed Dec 25 2024
The returns observed at specific intervals during a candlestick, namely the 0th, 15th, 30th, and 45th minutes, exhibit notably higher values.
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DigitalEagle
Wed Dec 25 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of crypto traders.
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JejuJoyfulHeart
Wed Dec 25 2024
These specific turn-of-the-candle returns generate an average gain of 0.58 basis points per minute.
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