Bitcointicker Review

For tech-savvy participants in the world of cryptocurrency, having multiple reliable charting tools is essential. With a plethora of options available, conducting thorough research is crucial to find the most suitable one.

If you're considering Bitcointicker, this comprehensive review will delve into the various functionalities of the website. We'll explore the strengths and weaknesses of this crypto charting platform.

What Is Bitcointicker?

Bitcointicker is a straightforward website with powerful, albeit complex, tools focused on cryptocurrency data. However, it's important to be honest: if you're not proficient in reading complex charts and extracting data from them, using this website may prove challenging.

Bitcointicker offers extensive on-chain and off-chain information for Bitcoin and Bitcoin Cash. It concentrates on providing all the necessary data to understand the activities of Bitcoin participants on the network and crypto exchanges. This includes various charts displaying transaction volumes over different time frames, mempool size, block size, and more. It also tracks data from five established exchanges and provides users with the ability to monitor order books.

How Does Bitcointicker Work?

Given the abundance of data on Bitcointicker, it's best to break down how this platform operates and highlight the benefits of each section.

Bid/Ask Order Book

Upon visiting bitconticker.co, you'll notice an order book on the far right of your screen. This section offers real-time data on exchange traders' activities. You can access orders on selected exchanges and observe them being placed and filled. This data is valuable for analyzing how exchange activities influence Bitcoin and Bitcoin Cash prices. You can switch between Bitstamp, Bitfinex, Kraken, Coinbase, or Gemini to source price data. The depth graph allows you to visualize the volume associated with each bid, aiding price movement predictions.

Price Chart

The top-left chart is an automatic indicator chart displaying BTC's price compared to chosen indicators. Indicator options are available at the top of the graph, and you can select SMA, EMA, Donchian Channel, or log scales. Additionally, you can choose between candlesticks or line graphs. Timeframe variables on the right allow you to adjust the chart to your preferred timeline. Moving averages are calculated based on the chosen timeframe. Beneath the price chart, you'll find another unique graph showing the price difference between current buy and sell orders.

Depth Graph

The bar graph at the bottom of the screen presents volume indicators, showing the gap between available and bid prices. This graph offers cumulative depth information for bid and sell orders. It helps determine buying and selling pressure on Bitcoin and Bitcoin Cash prices, predicting potential price trends based on exchange activity.

Live Transaction Feed

In addition to exchange data, you can track live Bitcoin transactions. Access this feature by clicking "Maps" in the website's menu bar. This drop-down menu provides links to the transaction tracking portal and the platform's 3D Globe page. You can click any submenu to access real-time Bitcoin transaction details. Bitcointicker sources this data from Blockchain.com, ensuring its reliability. Moreover, you can enter an address to track Bitcoin received or transferred. However, the Bitcoin transaction map appears redundant, as it doesn't display transaction origins.

News Archive

Bitcointicker offers an aggregator for the latest Bitcoin and Bitcoin Cash news, enabling direct access to breaking news and comment sections. You can integrate a news feed into the homepage by clicking "Graph Options" at the top right of the price chart.

On-Chain Charts and Statistics

Click on the "Charts" menu to access more details about Bitcoin network activities. This section provides various on-chain stats for gauging network status, mining pool profitability, and on-chain transaction volume. The stats and charts include:

• Transactions
• Mempool transaction data
• Mempool size
• Mining pools
• Node versions
• Node bandwidths
• Transaction fees
• Mempool fee distribution
• Historical voting

The Mempool is where unvalidated transactions are logged, and its volume affects network congestion. Mempool data helps determine network throughput. Additionally, Bitcointicker tracks mining activities, useful for monitoring mining pool success.

Mobile Version

Bitcointicker is primarily a web-based platform designed for desktop users. However, a mobile chart version is available for phone screens. To switch to this version, click "Mobile" on the menu bar.

Pros and Cons of Bitcointicker

Pros of Bitcointicker

• Robust charting tool
• Support for reliable crypto exchanges
• Integrated news feed
• Comprehensive on-chain data tracking
• Free to use with donations supporting the project
• User-friendly navigation
• Address tracking feature

Cons of Bitcointicker

• Support limited to Bitcoin and Bitcoin Cash
• Data sourced from only five exchanges
• Customer support options below average