Weekend disaster?

[yo_mama]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

[magneto]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

This seems to be becoming a trend, it could be because of many coincidences or it could be a legit pattern.

I personally think that it's just a coincidence. There isn't too much logic in prices dropping at weekends compared to the weekdays. Like what reason would you have? Markets are still open on weekends and nothing changes. Also even if major traders take a break on the weekends, it shouldn't have an effect. It's not like they need money exclusively for the weekends.

Although it could be reinforcing its own pattern through past repetitions with no basis. ie previously it happened by coincidence, but after a few times in a row people had this psychological effect where they started trading the pattern, resulting in the dumps on weekends. Doesn't really concern the long term growth of BTC though.

[sumanto]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

this is probably caused by long holidays so investors and trading players need money therefore many who sell and attract assets that have been earned from the benefits of playing bitcoin.

[Jating]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

No. It's always been the trend coming into weekends. One reason I speculate is that traders, just cash out and take home profits. Maybe some of them are going to buy something, taking a weekend vacation with their love ones or families. And its always like that. I think you will also noticed that in stock market if I'm not mistaken.

I also noticed that in the beginning of my journey in trading and come up with my own conclusions. But I think others would agree on me though. I myself do some selling at the end of the week so that I can enjoy weekends with my families from the profit that I got from my trading / investing portfolio.

[KorakPawon]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

this is probably caused by long holidays so investors and trading players need money therefore many who sell and attract assets that have been earned from the benefits of playing bitcoin.

In principle, Bitcoin's pricing is the same as setting the price of oranges. There must be a deal between the offer price (the price of the people who sell Bitcoin) and the demand price (the person who buys Bitcoin).

The difference is, Bitcoin and digital currencies are homogeneous. This means one Bitcoin is identical to the other Bitcoin. There is no

[NorrisK]

This has been discussed several times and every time you think there is a pattern, suddenly it starts rising before the weekend.

I think it tanks more then it rises though, so it may be worthwhile to try and profit from this.

[JanpriX]

We've been noticing this trend also and we are wondering if this is just a cycle that traders do on a weekly basis or is this just a coincidence. Most of us in our group think that this is just a trend made by market makers to safeguard their profits before the weekend hits. They tend to take profit every Friday because they think that Monday holds risks that are unforeseeable and that they should take precautionary actions before weekend.

In a sense, this is a logical way in approaching the cryptomarket. We all know at anything (good or bad) over the weekend that can make or break the cryptosphere. They are minimizing their involvement in this type of risks by pulling out their money every Friday and by entering again on Monday if the market is moving in favor of their positions. 

[imapessimist]

Yes.  Weekends are the favorite for a drop.    Anybody who doesn't sell at this price must be mad.  That's what I think.  It will be below 11k soon and then maybe down more.  Holding only works with a very steady growth over a long period of time not this constant up down up down. 

[hugeblack]

If we notice there is no crash or correction in each Weekend "Only the heavier drops than normal".
Generally the market stabilized at 10,000$ and any increase or decrease is the result of daily trading "which is affected by weekends".
I think the reason for the decline this time is regulation laws "USA & Japan"

[Lampaster]

I don't know why you think so. On Friday the price was 10+. Yesterday and today the price of bitcoin is 11+. This is proof that your theory is wrong. There are no ready-made templates for bitcoin. I've heard a lot of theories about how the price of bitcoin is influenced by the Chinese new year, but I haven't heard arguments in favor of it.

[tomahawk9]

I've noticed it too, sometimes the downtrend even starts on fridays, but I wouldn't call it a 'weekend disaster' or a crash, it sounds too extreme (at least to me). It might be just people cashing out their profits, if you look at the charts, the BTC price (and other popular coins) drops a bit, but alts go down a lot more, makes me think that traders are the ones behind the drop during the weekends.

However, we saw quite the opposite with BTC this weekend since the price went up from 10.6k to 11.5k. But like I said, when the price tanks on the weeknds, it could be just traders cashing out to spend some quality time after a long and stressful week.

[gentlemand]

It comes and it goes. As soon as people get comfortable with the idea of the Weekend Dump in the past it often switched to the weekend pump to relieve people of their money with ease.

I've never bought the idea of fiat not arriving being the reason for a dump. Perhaps 0.5% of the USD on exchanges is fresh. The rest is sitting there waiting to be spent 7 days of the week.

[YuginKadoya]

It really goes to a green trend to a red when it is weekend, But in my opinion it is just a mere coincidence that the price is like this and we can say that it is not really a pattern because there are weekends that is purely good for the value of Cryptocurrencies, Or we can say that we are not in the end of the resistance yet that is why we are seeing a pure mark of red for the price all over in the marketcap, Let's just hope that it is just a mere coincidence and not a manipulation of the market.

[debuni]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

Yep, banks are closed during the weekend and the market doesn't have fresh money for buying.

This is from years.

[BingoDog]

I have to admit that I wasn't paying much attention to that but still I think this is much more coincidence that some kind of pattern. And I don't think there is some special reason why bitcoin price would fall exactly on weekend, we also see the opposite too, that the price was going up on weekend and any other day. I don't think that bitcoin price movements have anything to do with the days in the week.

[buwaytress]

I recall sometime mid-year 2017, also wondering if this was something of a trend that Bitcoin was going to follow. It wasn't very obvious, but on the exchanges I traded on (including p2p), I'd always notice that my trades (like on LocalBitcoin) would be bumped farther down and then rise up closer to the top on Monday, Asian mornings. I'd always assumed that it was simply because traders switched on during weekends with rates better than mine, but then the pattern faded.

It doesn't really make logical sense if you take out individuals trading in local areas - crypto markets don't have a weekend break unlike stocks or even forex. And as someone pointed out above, it's not like they need the money either.

[greensheep]

during january there were some weekend pumps followed by dumps during week, now some weekend dumps followed by dumps and pumps during weekdays.
It's randomy I guess.
BTC being traded and going back and forth, good for me

[Denker]

I wouldn't see that as a actual regular pattern. More of a coincedence in my opinion.
We had times where we pumped at the weekends and dumped with the beginning of the new week.
It's pretty much random.
Right now 11500USD is a major resistance. If we would have reached it on monday or  last friday, we probably would have been going down as well.

[HasHe]

Have you noticed something mysterious in crypto price: weekend disaster.

The most price drops tend to happen on weekends.

During weekends, price almost certainly drops, sometimes even crash. Price rarely goes up on weekends. Especially on Sundays. You may look at the price chart of major coins, BTC BCH ETH LTC .. in the last 3 months, which all seem to confirm this.

Why?Ａny explanation?

Yes it has been always noticed that weekends face a slight price fall irrespective of all crypto currencies.The logical reason behind this might be due to traders willing to celebrate their weekends with their earnings through out the week.

Also we could see that during sundays the prices once again increasing since traders would be buying coins and once again actively indulging in trading.

[beskid]

Weekend days are used for trading manipulations by crypto currencies of the exchange and large holders of crypto currencies, since on weekends there is a maximum attendance of stock exchanges by people.  At this time it is very difficult to trade people who do not have experience.