Finding the average price of a coin

Find the average price of a coin Clearly, this is guesswork, but nevertheless, in conjunction with other valuation parameters, it can make a prediction more likely. The average price is the rate that the coin is most likely to reach. If the rate is higher now, a fall is likely. And if lower, a rise is likely.

But what formula is used to calculate this average price? Take the minimum and maximum price, divide that difference by 2 and add to the minimum? Primitive. A drop of 30% or a rise of 40% makes the calculation completely wrong. So how do you approach the calculation? Here's what we came up with.

For example, taking the last year, Bitcoin at its peak was conventionally worth $50k and the minimum was $16k. The difference between the low and the high is $34k. Dividing 34 thousand by 300, we get a simplified step of 100.

Now we take the history of the exchange rate by days. 365 days. First, we check how many times the number 34,000 entered the body of the candle (without wicks). We write down how many times.

 We add a step of 100, and obtain 34.100. We again pass it through the history. We record the number of occurrences.

Repeatedly run through all 300 steps. And then we will have a rate, which occurs most often during the year. This is how we identify the average price of a coin. In other words, the rate to which it tends to go.