Yes you can be rest assured that Bitcoin trades 24 hours a day non-stop. Remember that it is a global digital currency that has no restriction across the global. People are making transactions every single minute of the day coupled with the different time zones across the globe. Bitcoin Trades 24/7 Unlike stock markets, there are no official Bitcoin exchanges. Instead, there are hundreds of exchanges around the world that operate 24/7. Because there is no official Bitcoin exchange, there is also no official Bitcoin price. Sep 11, · A cryptocurrency exchange will allow you to buy and sell coins 24 hours per day. It is important to think about what kind of cryptocurrencies you are looking to get involved with. If you are looking to day trade full time, then it is well worth choosing an exchange that .
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CoinDesk only show the closing values for the historical data. I only know about one exchange for sure but I'm pretty confident this is a widespread concept and applies to many other exchanges, too. These charts exist in traditional markets, too. There, a candle stick typically represents 1 day. That day has among others an opening and a closing price. Note that the closing price December 29th doesn't have to be the opening price of December 30th and the opening price of December 29th wasn't necessarily the closing price of December 28th, in such markets.
In fact, it's fairly unlikely that these prices are the same. Its candlesticks are different. First of all, they have different sizes depending on the length of the period of time the diagram shows. In the 48 h chart, they only are 15 minutes wide.
In the 1 Y chart, they are as wide as in old markets: 1 day. In the 5 Y chart, they are a week wide. Furthermore, the closing price of one candlestick is always the same as the opening price of the next one. This is because they simply slice time up on the clock , , , etc. Every time slice's opening price is the price when that time slice started and its closing price is the price when it ended.
Because the one time slice begins right when the one before it ends and price is is simplified to a function of time, the opening price of a slice must always be the same as the closing price of the previous one. Sign up to join this community. The best answers are voted up and rise to the top. Asked 5 years, 2 months ago. Active 3 years, 5 months ago. Viewed k times. Haribo Dr. Haribo 8, 10 10 gold badges 38 38 silver badges 60 60 bronze badges.
Active Oldest Votes. Jannes Jannes 6, 17 17 silver badges 23 23 bronze badges. Closing price should always be the last price of the day, so it should be unambiguous. Does Bitcoin trade 24 hours a day? Sunday, December 01, at Post Rated: 4. Listed Under. Hash Tags:.
Thursday, December 05, at Huh, of course, it does. It trades round the clock, and it doesn't have any time of rest. Even our conventional money system works round the clock without no time for a break. Digital banking has made this possible. For BTC and other altcoins, just expect to see a faster transaction time and a large volume of transaction. Thursday, December 05, at Agree that everyone can buy bitcoin on most exchanges. Bitcoin can be traded 24 hours a day.