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Topic: Why btc price go down on weekends? - page 3. (Read 348 times)

sr. member
Activity: 518
Merit: 251
May 26, 2018, 10:43:05 AM
#14
BTC price is going down on weekends because many traders are not trading in weekend they are taking rest and market trading crypto just like forex. Because now many traders are not to use it..
Unless there is any recent info that can raise the price.
newbie
Activity: 106
Merit: 0
May 26, 2018, 10:37:10 AM
#13
I think It's because during weekends people not really trade and alot of people will decided to take profit from their trade so they can enjoy their weekend.
jr. member
Activity: 43
Merit: 4
May 26, 2018, 09:46:21 AM
#12
EST times

Most always go up Friday 5pm thru Sat evening

Most always goes down Saturday Midnight thru Sunday 8 am
newbie
Activity: 44
Merit: 0
May 26, 2018, 08:10:04 AM
#11
 Maybe because people tend to cash out bitcoins in order to spend FIAT to have some pleasure on weekends?  Wink
newbie
Activity: 182
Merit: 0
May 26, 2018, 08:06:07 AM
#10
No I disagree with you. The  cryptocurrencies market will not decline only for a specific date. It was because there was no good information at this time. There is no bad information. So the market is still watching the adjustment period. The market needs to wait. Wait for the rise again.

Yeah, same. I don't think there's a particular correlation with the weekend days. Just no FUD, markets correcting or something like that.
copper member
Activity: 1568
Merit: 0
May 26, 2018, 08:02:30 AM
#9
BTC price is going down on weekends because many traders are not trading in weekend they are taking rest for some days so the market has gone down but we expect that BTC will grow in month of july.
newbie
Activity: 309
Merit: 0
May 26, 2018, 07:51:19 AM
#8
Btc price goes down on weekends because traders close their trades and go on a merry mood on weekends.
Let's enjoy life, not all about btc.
hero member
Activity: 1458
Merit: 509
May 26, 2018, 07:42:14 AM
#7
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.

I don't agree with you. A lot of experts are saying to do a lot of research about the recent dump. It looks like there is a possibility the market has manipulated by some parties. Even US regulators are watching it right now and the regulators have said to open the probe for the criminal manipulator of bitcoin price.
member
Activity: 308
Merit: 49
May 26, 2018, 06:35:38 AM
#6
yes, this has to do with supply and demand. When the weekend, I sell a few assets for the money cash for shopping or holiday weekend. so do not panic if price correction occurs
pey
sr. member
Activity: 546
Merit: 251
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May 26, 2018, 06:20:37 AM
#5
I don't think that always happen, it is just about the situation of the market, then vice versa, if that is a good news on the weekends the market should not rise, but that does not happen.
newbie
Activity: 30
Merit: 0
May 26, 2018, 05:55:58 AM
#4
it's a general trend of marketplace it happens because we expect it to happen! Smiley
full member
Activity: 448
Merit: 100
May 26, 2018, 05:55:44 AM
#3
No I disagree with you. The  cryptocurrencies market will not decline only for a specific date. It was because there was no good information at this time. There is no bad information. So the market is still watching the adjustment period. The market needs to wait. Wait for the rise again.
newbie
Activity: 84
Merit: 0
May 26, 2018, 05:48:37 AM
#2
The reason why it goes down during the weekends is due to the fact that many people are free during the weekends and added on to that the traditional markets are also closed and now its time for the traders to come in to play , im pretty sure bitcoin doesnt always go down on weekends but it usually does , but sometimes it goes to the upside as well as during weekends cryptos in general see a higher vlume
newbie
Activity: 112
Merit: 0
May 26, 2018, 05:46:24 AM
#1
I really wondered having that price of btc going down on weekends. Thought and got some overview. Price mostly moves due to supply-demand and so many news and information. In weekend most of the people went to have some relax and release their btc which creates the flow of btc. On the other side, due to vacation mood, people are not interested to invest in any project that reduce the demand. So in this time period demand goes down and supply up. As a result , price goes with demand in the weekend timeline. DO you agree with me? Share your points of objections.


Merit will be highly appreciated if you found the post helpful.
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