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We specialize in online game development (see Wordwalk / spaghettispeller.com) and data science (time series data) analytics applied to financial data, using innovative metrics and AI support.

Bitcoin Analysis

Below is the latest analysis of Bitcoin prices, variance, and volume:

Understanding the Variances

The variances shown in the analysis are calculated as the squared differences between the closing price and the moving averages. Notice how these graphs seem to follow the volume chart below! These variance metrics provide insights into how volatile the market has been relative to short-term (7-day) and long-term (30-day) trends. Here's how it works:

• 7-Day Moving Average Variance: This measures the squared difference between the daily closing price and the 7-day moving average. A high variance indicates significant deviations in price over the short term.
• 30-Day Moving Average Variance: Similar to the 7-day variance, but compares the closing price to the 30-day moving average, offering insights into longer-term price stability.

Mathematically, the variance for a given day is calculated as:

    Variance = (Closing Price - Moving Average)^2

These metrics are valuable for identifying patterns, anomalies, and potential opportunities in Bitcoin trading.