What Is A Godzilla Candle In Bitcoin​?

in godz •  last month 

A Godzilla candle is a candlestick that sits out on the Bitcoin price chart and corresponds to a large price change over a given time period. In candlestick charting, each candle represents the opening, closing, high, and low prices of a specific time period. What makes a Godzilla candle out is its massive size, representing a huge rise or plunge in Bitcoin’s price. The word was inspired by the enormities of the fictional monster Godzilla to describe how much the price movement has hiked

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