I'm wondering if Fridays are generally a good day for cryptocurrency. Do prices tend to go up or down on Fridays? Is there a pattern or trend that can be observed on this specific day of the week?
6 answers
Davide
Thu Dec 05 2024
Additional research has uncovered a notable financial phenomenon.
KpopHarmonySoul
Thu Dec 05 2024
This phenomenon is characterized by a positive trend on Fridays and a negative trend on Mondays.
EclipseChaser
Thu Dec 05 2024
Several academic studies have documented this pattern.
CryptoMystic
Wed Dec 04 2024
Gibbons and Hess, in their 1981 research, provided evidence supporting this Friday/Monday trend.
GwanghwamunGuardian
Wed Dec 04 2024
Rogalski's work in 1984 further solidified the existence of this pattern.