Analyzing Bitcoin Price Changes Based on Regional Working Hours
With Glassnode’s latest creativity and data engineering, we have a unique view of the value of Bitcoin changing over time during major regional work. The charts below use their new data to track increasing 30-day price changes during US, EU and Asian trading hours.
It provides an interesting perspective on the buying-selling-side pressures of the market across our geographical area. The first chart below shows the perfect 30-day price change since 2018. As prices continue to rise, recent price changes from last year can be seen even more on the first chart. Below, we normalize it to a relative percentage change for easy historical comparison.