Cryptocurrency Q&A Does Bitcoin usually drop on weekends?

Does Bitcoin usually drop on weekends?

CryptoPioneerGuard CryptoPioneerGuard Thu Dec 05 2024 | 7 answers 1403
I've noticed a pattern in Bitcoin's price movements and I'm curious if it's a common occurrence. It seems like whenever the weekend comes, there's a noticeable drop in Bitcoin's value. Is this a typical trend? Does Bitcoin usually drop on weekends?

7 answers

Caterina Caterina Sat Dec 07 2024
Bitcoin prices exhibit volatility throughout the week and extend into the weekend.

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MatthewThomas MatthewThomas Sat Dec 07 2024
This volatility is somewhat predictable as it is a constant feature of Bitcoin's pricing.

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Carlo Carlo Sat Dec 07 2024
On weekends, trading volume decreases significantly.

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Davide Davide Fri Dec 06 2024
The reduction in trading volume leads to decreased liquidity in the market.

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BonsaiVitality BonsaiVitality Fri Dec 06 2024
The decline in volume is predominantly attributed to professional traders.

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