If the retest holds, the bull pennant could confirm, and Bitcoin could be trading at above $15, within just days to a week away. It’s also just days away from setting a new all-time high in terms of monthly candle close if the cryptocurrency can close the month over $13, Bitcoin Price (BTC USD): Get all information on the Bitcoin to US-Dollar Exchange Rate including Charts, News and Realtime Price. The researchers also found that on average, on Mondays & Tuesdays around midnight UTC, the Bitcoin price averaged dollars higher than on Fridays. This means that Monday or Tuesday statistically is the best time to cash out your Friday long or take a short position to cash out on the subsequent Friday when the price is statistically lower.
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Reading Time: 2min read. Bulls were able to hold strong overnight, leading to renewed confidence on this Monday morning. Reloads and free spins available every day, for every player, in mBitcasino Crypto Autumn Bonanza! Play Now! Tweet Share. Could you be next big winner?
Tony Spilotro I'm Tony Spilotro. Related Posts. Premium Partners. Researchers did note a correlation with the lower prices on Fridays, with lower trading volume, however, lending credence to their findings for lower prices.
Mondays could be reflecting higher price points due to institutional investors taking positions at the beginning of the week. Many OTC desks do their best to make large buy orders and sell orders invisible to the retail trading market to prevent front-running.