Green Candle
As you get in to Bitcoin, you will no doubt be looking at price charts on a regular basis. Probably every 5 minutes if you’re disciplined!
When you switch to “candle view” on these price charts, you will see green and red candles, which represent price movements of Bitcoin over a specific time period that you can select from 1 hour to 1 month and beyond.Â
A green candle represents an increase in price from the beginning to the end of the time period you select when you view your price chart. The dirtier turn of phrase that you will sometimes see is “green dildo”, which means the same thing.
You will see people on Twitter refer to a green candle, usually on the hour, as people always get excited when the price moves upwards. A prolonged period of green candles could indicate a bull market.
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