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A popular crypto analyst thinks that Bitcoin (BTC) and stocks may skyrocket if one event occurs. In a new YouTube video, ...
Logarithmic Price Scale vs. Linear Price Scale: An Overview The interpretation of a stock chart can vary among different traders depending on the type of price scale used when viewing the data.
However, with a logarithmic map, we can view the universe from a multiplicative factor of “10”. Using a logarithmic scale, the Sun, Mercury, and Mars are all within the same area.
There are two main reasons to use logarithmic scales in charts and graphs. The first is to respond to skewness towards large values; i.e., cases in which one or a few points are much larger than ...
XRP price surged over 5%, rebounding from the $2.75 support and aiming for a breakout above $3.0, with analysts giving ultra-bullish targets.
Logarithmic scales in science Because logarithms relate multiplicative changes to incremental changes, logarithmic scales pop up in a surprising number of scientific and everyday phenomena.
Bitcoin and crypto have been growing and behaving logarithmically. Crudely, that is a compound growth of 26% per time period. Ten periods of 26% gets you to a total 1,000%.
Stock charts come in two main forms%3A Linear and logarithmic Linear charts treat all dollar price changes equally Professional investors look at both types of charts to understand stock moves USA ...