I'm wondering about the patterns of cryptocurrency prices. Specifically, I want to know if there's a certain time of the month when the prices of cryptocurrencies are generally at their lowest.
5 answers
DongdaemunTrendsetting
Fri Dec 27 2024
Cryptocurrency prices exhibit a notable pattern where they often experience an upward surge during the initial weeks of each month.
ZenHarmonious
Fri Dec 27 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures contracts, and digital wallets. These services cater to the diverse needs of crypto traders, providing a comprehensive platform for managing their investments.
WindRider
Fri Dec 27 2024
This upward momentum is characterized by a significant increase in value, attracting investors who anticipate gains from the positive trend.
JejuSunshine
Fri Dec 27 2024
However, this rise in prices is typically followed by a sharp decline later in the month.
KabukiPassion
Fri Dec 27 2024
The collapse often catches many investors off guard, leading to substantial losses for those who have not exited their positions in time.