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Topic: What Is the market turning into? (Read 67 times)

hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
Today at 08:07:08 AM
#8
Due to my observation since EFT I noticed BTC don't make any movement during weekend mostly range during the weekend building liquidity and on Sunday during NYKLZ you'll that seeing volume injection then market open on Monday is when you'll see proper volume kick in, I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.

Who else has noticed this pleade do share your thoughts of how you've adapte to the market recently.

I think it's because nothing is been done on the executive signing Trump claim to be doing on cryptocurrency. If you remember before the election, he used to say all of sort of things to make Bitcoin bullish, this was probably and arrangement but now that he is Mr president, no time to lick anyone foot again, what never about Bitcoin depend on what he says later and that's why you don't see action on Bitcoin during weekends anymore unlike then.

If you miss trading on weekends, then you obviously need to be present when the New York exchange open and make your trades. You can also pre open some order that's if you really want to take the risk, open order and to where you want your order to be filled or buy on the weekend if you think the week will be bullish and then set your target on where you want to take profits, if you have done that last week and this week, you would have made some money.
full member
Activity: 784
Merit: 115
We can feel happy to see this day the market show a good movement by Bitcoin increase. If this is continue, there will be a chance to see the price will be back to $99k. But if there is another correction come, we may see the price will be down like before. If that is happen, we do not know how low the price can go. We can only hope the price will not below than $90k because that can make many people panic and will sell instantly their Bitcoin. Hopefully we have more support comes to Bitcoin and will resist the price not down too deep.
sr. member
Activity: 2618
Merit: 439
I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.
You mean you missed when bitcoin was setting new ath? When did you start getting into crypto, mate? Because if you had been long enough you’ll know that the market will not always be pumping. It’s not an indication of a bad thing. It’s just how cycles work.
member
Activity: 406
Merit: 71
Lead with love 🤎💓💞
Due to my observation since EFT I noticed BTC don't make any movement during weekend mostly range during the weekend building liquidity and on Sunday during NYKLZ you'll that seeing volume injection then market open on Monday is when you'll see proper volume kick in, I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.

Who else has noticed this pleade do share your thoughts of how you've adapte to the market recently.


@OP, if you are really an old person in the space, you would hav known by now that during weekend, the volatility in the market usually slows down compared to working week days (Monday to Friday). You are wrong to have think that this is a new incident in the market that only started after ETF was approved. No, that's not true, it has been so for a very long time. The only time you will see much price pump or volatility during Saturdays and Sundays is if we are in bull run season.
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Activity: -
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Due to my observation since EFT I noticed BTC don't make any movement during weekend mostly range during the weekend building liquidity and on Sunday during NYKLZ you'll that seeing volume injection then market open on Monday is when you'll see proper volume kick in, I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.
If you are talking about the price of Bitcoin, the right place to post it is the speculation board. I have not noticed observed what you have said but does New York Kill Zone (NYKLZ) apply on weekend? For much I have the mindset that Bitcoin is still in a period of consolidation pending when we will see strong fundamental that will propel the market to go higher.

Agreed.
Sideways movement => into a good and old upward movement.
It's just not the time yet. And the dominos are still falling into their places..
full member
Activity: 448
Merit: 218
Why not take the thread to the Trading Discussion section so you can muchly meet traders interests with better experiences for the discussion as implied "Trading"? However, noting that bitcoin market isn't officiated with regulations since it's a decentralized digital market unlike the forex trading.
It's clear as experienced that nomatter how we chase to earn, there'd surely be times to take some leisure breaks in the market so, some traders are likely to chill by the weekends while then having poor market liquidation to optimize volume of volatilities.
Due to minimal volume of traders on the weekend days, it sometimes seems challenging of traders meeting up trade demands and as well conditionally risky of market prices as a course of demands higher than supplies.
sr. member
Activity: 588
Merit: 302
Trust the process, imbibe consistency
Due to my observation since EFT I noticed BTC don't make any movement during weekend mostly range during the weekend building liquidity and on Sunday during NYKLZ you'll that seeing volume injection then market open on Monday is when you'll see proper volume kick in, I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.
If you are talking about the price of Bitcoin, the right place to post it is the speculation board. I have not noticed observed what you have said but does New York Kill Zone (NYKLZ) apply on weekend? For much I have the mindset that Bitcoin is still in a period of consolidation pending when we will see strong fundamental that will propel the market to go higher.

Who else has noticed this pleade do share your thoughts of how you've adapte to the market recently.
I'm not really trading so I have no problem with what you have described. I'm using the DCA method that allow me buy at regular interval of time and I don't really care what the price will be or the market moment.
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Activity: -
Merit: -
Due to my observation since EFT I noticed BTC don't make any movement during weekend mostly range during the weekend building liquidity and on Sunday during NYKLZ you'll that seeing volume injection then market open on Monday is when you'll see proper volume kick in, I miss when major crypto pumps during weekend but now weekend trading are full of uncertainty and too boring.

Who else has noticed this pleade do share your thoughts of how you've adapte to the market recently.
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