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Trading hours of bitcoin(GBTC) - Will Bitcoin 'Rise 50% And Possibly Double' In ? These Pros Think So | Benzinga
Market Overview. These Pros Think So. Wayne Duggan , Benzinga Staff Writer. View the discussion thread. Trending Recent. Subscribe to:. Benzinga Premarket Activity.
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox. Market in 5 Minutes. Fintech Focus. A daily collection of all things fintech, interesting developments and market updates. Thank You. Popular Channels. 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.
What about timezones? Haribo Oct 28 '15 at Well, it's the opening and closing of the market, so it should be in respect to the market's timezone. I hadn't even realized that it could be read that way. Then maybe the last price in that timezone; what exchange though, or an index? Bitcoin price indices are made up of prices from different exchanges in different timezones.
What exactly does the index closing price for a date consist of? Haribo Oct 29 '15 at