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When does the daily candle for bitcoin end?

avatarILHAM PUTRA WICHAKSONONov 24, 2021 · 3 years ago3 answers

Can you please explain when the daily candle for bitcoin ends and what it signifies?

When does the daily candle for bitcoin end?
Bitcoin
Cryptocurrency
Trading

3 answers

  • avatarNov 24, 2021 · 3 years ago
    The daily candle for bitcoin typically ends at 00:00 UTC. This signifies the completion of a 24-hour trading period and the beginning of a new one. It is an important time frame for traders to analyze price action and make trading decisions based on the closing price of the candle.
  • avatarNov 24, 2021 · 3 years ago
    The daily candle for bitcoin ends at midnight UTC. It's like a snapshot of the price movement during the day. Traders use this information to identify trends and patterns in the market and make informed trading decisions.
  • avatarNov 24, 2021 · 3 years ago
    The daily candle for bitcoin ends at 00:00 UTC, which is the standard time used in the cryptocurrency industry. At BYDFi, we also follow this time frame for our trading analysis. It's a crucial moment for traders to assess the market sentiment and plan their trading strategies accordingly.

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