#CPIAlert 📈
To better understand what is happening in the world of cryptocurrencies, follow this task:
1. **Collect Data 📊**:
- Gather daily price data for major cryptocurrencies (such as Bitcoin, Ethereum, etc.) for the periods:
- From January 1, 2024, to June 18, 2024.
- From January 1, 2020, to June 18, 2020.
- Collect monthly price data for the same cryptocurrencies for the period from June 18 to August 18 for both 2020 and 2024.
2. **Analyze Prices 💹**:
- Calculate the daily and monthly average prices for each period.
- Determine the percentage change in prices during the specified periods.
- Compare the changes between the two periods graphically (using charts 📈).
3. **Identify Influential Factors 🌍**:
- Research key events that impacted the cryptocurrency market during the periods, such as:
- Regulatory decisions 🏛️.
- Technological updates 🔧.
- Global economic crises 💥.
- Observe how these events influenced cryptocurrency prices.
4. **Analyze and Draw Conclusions 🧠**:
- Compare the results from the analysis of both periods.
- Determine if there are specific patterns or similarities in how the cryptocurrency market evolved during the periods.
- Use these patterns to identify potential investment strategies for the future 📈💼.
5. **Document Findings 📝**:
- Organize and note your observations and conclusions.
- Compare the external events that coincided with price changes.
**Practical Step ⚙️**:
Use financial analysis tools such as Excel or charting software to conduct these comparisons. You can also use online financial data analysis platforms to collect data faster and more accurately.
By following these steps, you will be able to understand the dynamics of the cryptocurrency market better and make informed investment decisions. 🚀
