Cryptocurrency Q&A Are Fridays good for crypto?

Are Fridays good for crypto?

KimchiQueen KimchiQueen Tue Dec 03 2024 | 6 answers 1266
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? Are Fridays good for crypto?

6 answers

Davide Davide Thu Dec 05 2024
Additional research has uncovered a notable financial phenomenon.

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KpopHarmonySoul KpopHarmonySoul Thu Dec 05 2024
This phenomenon is characterized by a positive trend on Fridays and a negative trend on Mondays.

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EclipseChaser EclipseChaser Thu Dec 05 2024
Several academic studies have documented this pattern.

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CryptoMystic CryptoMystic Wed Dec 04 2024
Gibbons and Hess, in their 1981 research, provided evidence supporting this Friday/Monday trend.

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GwanghwamunGuardian GwanghwamunGuardian Wed Dec 04 2024
Rogalski's work in 1984 further solidified the existence of this pattern.

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