Cryptocurrency Q&A When is the best time to trade Bitcoin?

When is the best time to trade Bitcoin?

Chloe_thompson_artist Chloe_thompson_artist Wed Jul 10 2024 | 7 answers 1905
I don't understand this question. Could you please assist me in answering it? When is the best time to trade Bitcoin?

7 answers

Ilaria Ilaria Fri Jul 12 2024
Interestingly, Skew's findings also reveal that midweek days tend to be more active than the beginning or end of the working week.

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IncheonBlues IncheonBlues Fri Jul 12 2024
This suggests that traders and investors are more inclined to engage in Bitcoin transactions during the middle of the week, possibly due to increased market liquidity or sentiment.

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Alessandro Alessandro Fri Jul 12 2024
Additional insights from the on-chain analyst Skew validate the prevailing trend in Bitcoin trading.

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Maria Maria Fri Jul 12 2024
Conversely, weekends tend to be relatively quiet periods for Bitcoin trading.

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HanjiArtistryCraftsmanship HanjiArtistryCraftsmanship Fri Jul 12 2024
Specifically, the data indicates that approximately 4 pm UTC marks the peak period of trading activity for Bitcoin.

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