Description
### Data used
**X coordinate** : 1 month return
- · Bitcoin's return at a given time frame. It can be used as an indicator of momentum or mean reversal based on the chosen period and trading algorithm.
- · spot data
**Y coordinate** : Next interval return
- · The ultimate goal of trading. The final objective of research and modeling is to forecast future returns and make profits.
- · spot data
**Color mapping** : 1 day highest price/lowest price ratio
- · The ratio of the highest price and lowest price at a given time period. An indicator reflecting how volatile the market is.
- · spot data
**Line slope** : Active address
- · The number of active bitcoin wallets. It is a measurement of how many people are actually using the Bitcoin ecosystem.
- · on-chain data
**Line length** : 1 day return standard deviation
- · The amount of bitcoin's volatility for a given period of time. It is often used as a measurement of risk.
- · spot data