Topic: Weekend disaster? - page 2. (Read 516 times)
It's Sunday. It's day off. But we see that the price continues to rise. I do not see any reason to say that on weekends there is always a tendency to lower prices. Stock exchanges operate 24/7. Internet access is everywhere. There are automatic bets that set the price trend. The behavior of bitcoin is impossible to understand and predict.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
I did noticed this during weekends. When someone said in somewhere IIRC its from social media and few weeks later, I observed.The most price drops tend to happen on weekends.
Why?Ａny explanation?
The only explanation that I can give you is many are selling during weekends. I don't have an idea if there's a whale that is cashing out or there is/are certain group of traders that are making this wave.Because the bank is closed
Traders and holders choose to withdraw with their bitcoin holdings/profit? Yes, it might be. Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
In this bitcoin trading,both the employee and unemployed people involve.During the weekend ,many employee will sell their holding bitcoin to celebrate the weekends with their family.If the huge amount of bitcoin is sold means,it will leads to the decrease in bitcoin price.This is not the only reason,it's the one of the reason.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
It's most likely because the major people trading cryptos at a very high volume are inactive during the weekends and resume activity on the weekdays. Besides there are no specific weekend watch for crypto traders since it's decentralised, most people can also trade but they would prefer to assume breaks.
This is almost certainly it, but it works both ways. The largest increases and the largest falls almost always happen on the weekend. You could explain why most happens late on sunday as well by saying that people want to close their positions ahead of the week.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
It's most likely because the major people trading cryptos at a very high volume are inactive during the weekends and resume activity on the weekdays. Besides there are no specific weekend watch for crypto traders since it's decentralised, most people can also trade but they would prefer to assume breaks.
That would be most logical explanation, there are other, so called mysteries about price movement, like why price always crash in January every year, why price tend to rise after summers and until new year, and many other things.
There are many theories why its like that, but one is sure in my thinking, crypto is connecting all the people in the world, so many different places and timezones, but now that isn't matter crypto markets are working all the time, to calculate supply and demand in one minute in whole world is not so easy, that's why price is making fluctuations. In the end you can see that there is no mystery here, its just to many people and everyone wish to make more bitcoins, or more money, it's a race and sometimes its going faster sometimes slower.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
It's most likely because the major people trading cryptos at a very high volume are inactive during the weekends and resume activity on the weekdays. Besides there are no specific weekend watch for crypto traders since it's decentralised, most people can also trade but they would prefer to assume breaks.
Because the bank is closed, so the panic seller will not be able to withdraw fiat from it. In this way, when the market stabilizes in the coming week, the panic seller will re-buy bitcoin at a higher price, in case he had sold it in the weekend.
The panic buyer will also not be able to put fiat on the exchange and buy, during weekends, so he will buy in the coming week, when the price recovers.
Its a mechanism built on panic and anxiety. It works because most people are in bitcoin only to increase their fiat holdings, nothing more. They dont want to use bitcoin to buy stuff. I dont understand why the bankers fears it.
The panic buyer will also not be able to put fiat on the exchange and buy, during weekends, so he will buy in the coming week, when the price recovers.
Its a mechanism built on panic and anxiety. It works because most people are in bitcoin only to increase their fiat holdings, nothing more. They dont want to use bitcoin to buy stuff. I dont understand why the bankers fears it.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
I think it's normal for the players of digital currency trading to attract the benefits they get if you imagine the big players are china and it is definitely when china holiday and long holiday then the price will go down, but now it seems the price has started in the pump again .
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
Most uptrend happens on weekends too
It's because people get bored on weekends. Stock market is closed.
Weekend days are used for trading manipulations by crypto currencies of the exchange and large holders of crypto currencies, since on weekends there is a maximum attendance of stock exchanges by people. At this time it is very difficult to trade people who do not have experience.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
Yes it has been always noticed that weekends face a slight price fall irrespective of all crypto currencies.The logical reason behind this might be due to traders willing to celebrate their weekends with their earnings through out the week.The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
Also we could see that during sundays the prices once again increasing since traders would be buying coins and once again actively indulging in trading.
I wouldn't see that as a actual regular pattern. More of a coincedence in my opinion.
We had times where we pumped at the weekends and dumped with the beginning of the new week.
It's pretty much random.
Right now 11500USD is a major resistance. If we would have reached it on monday or last friday, we probably would have been going down as well.
We had times where we pumped at the weekends and dumped with the beginning of the new week.
It's pretty much random.
Right now 11500USD is a major resistance. If we would have reached it on monday or last friday, we probably would have been going down as well.
during january there were some weekend pumps followed by dumps during week, now some weekend dumps followed by dumps and pumps during weekdays.
It's randomy I guess.
BTC being traded and going back and forth, good for me
It's randomy I guess.
BTC being traded and going back and forth, good for me
I recall sometime mid-year 2017, also wondering if this was something of a trend that Bitcoin was going to follow. It wasn't very obvious, but on the exchanges I traded on (including p2p), I'd always notice that my trades (like on LocalBitcoin) would be bumped farther down and then rise up closer to the top on Monday, Asian mornings. I'd always assumed that it was simply because traders switched on during weekends with rates better than mine, but then the pattern faded.
It doesn't really make logical sense if you take out individuals trading in local areas - crypto markets don't have a weekend break unlike stocks or even forex. And as someone pointed out above, it's not like they need the money either.
It doesn't really make logical sense if you take out individuals trading in local areas - crypto markets don't have a weekend break unlike stocks or even forex. And as someone pointed out above, it's not like they need the money either.
I have to admit that I wasn't paying much attention to that but still I think this is much more coincidence that some kind of pattern. And I don't think there is some special reason why bitcoin price would fall exactly on weekend, we also see the opposite too, that the price was going up on weekend and any other day. I don't think that bitcoin price movements have anything to do with the days in the week.
Have you noticed something mysterious in crypto price: weekend disaster.
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
The most price drops tend to happen on weekends.
During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.
Why?Ａny explanation?
Yep, banks are closed during the weekend and the market doesn't have fresh money for buying.
This is from years.
It really goes to a green trend to a red when it is weekend, But in my opinion it is just a mere coincidence that the price is like this and we can say that it is not really a pattern because there are weekends that is purely good for the value of Cryptocurrencies, Or we can say that we are not in the end of the resistance yet that is why we are seeing a pure mark of red for the price all over in the marketcap, Let's just hope that it is just a mere coincidence and not a manipulation of the market.
It comes and it goes. As soon as people get comfortable with the idea of the Weekend Dump in the past it often switched to the weekend pump to relieve people of their money with ease.
I've never bought the idea of fiat not arriving being the reason for a dump. Perhaps 0.5% of the USD on exchanges is fresh. The rest is sitting there waiting to be spent 7 days of the week.
I've never bought the idea of fiat not arriving being the reason for a dump. Perhaps 0.5% of the USD on exchanges is fresh. The rest is sitting there waiting to be spent 7 days of the week.
I've noticed it too, sometimes the downtrend even starts on fridays, but I wouldn't call it a 'weekend disaster' or a crash, it sounds too extreme (at least to me). It might be just people cashing out their profits, if you look at the charts, the BTC price (and other popular coins) drops a bit, but alts go down a lot more, makes me think that traders are the ones behind the drop during the weekends.
However, we saw quite the opposite with BTC this weekend since the price went up from 10.6k to 11.5k. But like I said, when the price tanks on the weeknds, it could be just traders cashing out to spend some quality time after a long and stressful week.
However, we saw quite the opposite with BTC this weekend since the price went up from 10.6k to 11.5k. But like I said, when the price tanks on the weeknds, it could be just traders cashing out to spend some quality time after a long and stressful week.
I don't know why you think so. On Friday the price was 10+. Yesterday and today the price of bitcoin is 11+. This is proof that your theory is wrong. There are no ready-made templates for bitcoin. I've heard a lot of theories about how the price of bitcoin is influenced by the Chinese new year, but I haven't heard arguments in favor of it.
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