Cryptocurrency Q&A
When is the most intense time of day for bitcoin trading?
When is the most intense time of day for bitcoin trading?
emma_lewis_pilot
Sun Jul 07 2024
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7 answers
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Could you elaborate on the most intense period for Bitcoin trading throughout the day? I'm curious to understand if there's a specific time zone or market hour that experiences heightened activity. I've noticed fluctuations in price throughout the 24-hour cycle, but I'm seeking more insight into the exact windows when the most trades are executed. Could this vary based on global events, economic announcements, or perhaps technical analysis trends? Additionally, I'm wondering if there are any patterns or trends that traders tend to follow when it comes to timing their trades. Your expertise in this field would be greatly appreciated.
7 answers
LucyStone
Tue Jul 09 2024
Utilizing data from Coinbase and Binance, Skew has observed that midweek trading is particularly intense.
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SolitudeSeeker
Tue Jul 09 2024
Currently, the most active period for Bitcoin trading occurs precisely at 4 pm UTC.
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KatanaSword
Tue Jul 09 2024
This time frame signifies the height of trading activities for the digital currency.
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CryptoPioneer
Mon Jul 08 2024
Specifically, BTCC, a UK-based cryptocurrency exchange, offers a wide range of services including spot trading, futures trading, and wallet management.
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Lucia
Mon Jul 08 2024
In contrast, the beginning and end of the work week exhibit lesser activity levels.
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