Understanding the historical performance of a cryptocurrency is crucial for making informed investment decisions. This guide provides a comprehensive overview of BUX Token's historical price data, its applications, and how to effectively analyze it for trading and research purposes.
Key Historical Data Snapshot
- All-Time High (ATH): $0.8257 USD (Achieved on April 6, 2021)
- All-Time Low (ATL): Recorded on February 20, 2024
- Total Supply: 76,384,000 BUX
- Circulating Supply: Approximately 57,904,772 BUX (as of latest data)
Tracking BUX Token's price history allows investors to monitor investment performance easily. You can review opening, high, low, and closing prices alongside trading volume over time. Observing daily percentage changes helps quickly identify periods of high volatility.
Downloading BUX Token Historical Data
Accessing reliable historical data is the first step toward thorough analysis.
Available Data Formats and Intervals
Our rigorously tested datasets ensure consistency, completeness, and accuracy. They are designed for trading simulation and backtesting, are free to download, and are updated in real-time.
- K-line (Candlestick) Data: Includes the latest 1-minute candlestick data for BUX Token.
Historical Datasets: Download daily historical data for BUX Token to support your investment decision-making process. Data is available in multiple time intervals, including:
- 1-minute
- 1-day
- 1-week
- 1-month
(All datasets include Open/High/Low/Close/Volume data)
👉 Download free historical CSV data for analysis
Practical Applications of BUX Token Historical Data
Historical data is not just a record of the past; it's a tool for shaping future strategies. Here’s how traders and analysts utilize this information.
Technical Analysis
Traders use historical data to identify trends and patterns in the BUX Token market. By employing charts and other visualization tools, they can spot potential entry and exit points. Gaining an edge in this dynamic market often involves visualizing and analyzing historical market data. This can be achieved by storing data in a time-series database and using Python scripts with packages like Matplotlib for visualization, along with Pandas, Numpy, and Scipy for data manipulation.
Price Prediction Models
Historical data forms the foundation for predicting future market trends. By analyzing past market behavior, traders can identify recurring patterns and make educated forecasts about the market's direction. Utilizing minute-by-minute OHLCV (Open, High, Low, Close, Volume) data from historical datasets allows for the definition and training of sophisticated price prediction models to aid in making informed trading decisions.
Risk Management
Access to historical data enables traders to assess the risk associated with investing in BUX Token. By understanding the asset's historical volatility, investors can make more calculated decisions aligned with their risk tolerance.
Portfolio Management
Historical data is invaluable for long-term portfolio management. By tracking the performance of assets over extended periods, traders can identify underperforming investments and rebalance their portfolios to maximize potential returns.
Training Trading Bots
Users can download historical cryptocurrency OHLC market data to train and backtest automated BUX Token trading bots, aiming to achieve superior performance in live market conditions.
How to Analyze BUX Token Candlestick Data
Candlestick charts display time on the horizontal axis and price data on the vertical axis. Each candlestick provides a wealth of information for technical analysts.
- Green Candle: Indicates the price increased during the selected time frame.
- Red Candle: Indicates the price decreased during the selected time frame.
The structure of a candlestick—including its body and wicks (shadows)—can reveal information about market sentiment and potential trend reversals. Analysts look for specific patterns to gauge market momentum.
Based on historical BUX Token data, different market conditions call for different strategies:
- Bullish or Bearish Trends: Conservative investors might opt for principal-protected products to capitalize on the prevailing trend.
- Sideways (Range-Bound) Markets: Aggressive investors might pursue higher returns by investing in non-principal protected products or employing strategies that profit from market stability and slight fluctuations.
To deepen your understanding of profiting from market trends, it is beneficial to research concepts like bull market support bands and various investment strategies tailored for different market conditions. Furthermore, reading about strategies for bear markets can provide a more comprehensive grasp of these advanced concepts.
👉 Explore advanced trading strategies and tools
Frequently Asked Questions
What is cryptocurrency historical data?
Cryptocurrency historical data refers to past information related to digital assets like BUX Token or Ethereum. This data encompasses various metrics such as price, trading volume, and market capitalization. Its significance lies in its multiple applications for traders and investors, providing a comprehensive view of a market's past performance to inform future decisions.
What is the best way to get historical crypto data?
While there are several methods to obtain historical crypto data, some options have significant drawbacks. Searching for a cryptocurrency ticker on platforms like Google Finance or Yahoo Finance can make it difficult to import data into Excel cleanly. Using web scraping techniques can lead to potential IP bans and unreliable data retrieval. The most recommended method is to download data directly from reputable cryptocurrency exchanges or data providers. This ensures accuracy, reliability, and allows for seamless integration into analytical tools like Excel spreadsheets.
What are the advantages of downloading data from a major exchange?
Major exchanges have built a reputation for reliable data over many years. They often provide free historical cryptocurrency data services from a centralized platform designed for crypto research. By downloading historical data from these providers, you gain access to rich, vetted information and benefit from their expertise in tracking and analyzing cryptocurrency market risks. This data serves as a valuable starting point for personal research and analysis.
In what format is the historical data provided?
The historical data is typically available for immediate download in a table format, most commonly as a CSV or Excel (.xlsx) file. If you need to convert the data into a different format (e.g., from CSV to JSON), you can use various free online conversion tools.
How frequently is the historical data updated?
Cryptocurrency price historical data is usually updated on a daily basis, similar to how traditional market data is updated after the trading day concludes.
Which time zone is used for the historical data?
All historical data is typically displayed in the GMT+0 (UTC) time zone for consistency and standardization across global markets.
Why do I see a "frequency too high" error when clicking download?
To prevent abuse and ensure server stability for all users, data for each specific cryptocurrency can often only be downloaded a limited number of times within a 24-hour period (e.g., once per day). If you encounter this message, please try again the following day.
Disclaimer: This content is for informational purposes only and does not constitute an offer or solicitation to buy, sell, or hold any security, financial product, or instrument mentioned. It is not intended to provide investment, financial, trading, or any other form of advice. The data presented may reflect asset prices traded on various cryptocurrency exchanges and market data platforms. Processing fees for cryptocurrency transactions may apply and may not be reflected in displayed prices. No entity is liable for any errors or delays in the content, or for any actions taken in reliance thereon.