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Author Topic: Why cryptocurrency usually recovery in the weekend?  (Read 535 times)
$anounimus$
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September 04, 2018, 01:28:18 PM
 #121

I think the price recovery will never be predictable because the cryptocurrency price movements during the weekend also often decrease prices and often fall, and often also can experience price increases so you have to be able to take advantage of all cryptocurrency movements to get a lot of profit.


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September 04, 2018, 06:11:08 PM
 #122

A lot of investors are doing it on the side, so during the week people have their main job that brings in a stable income, while at the weekends they go on a buying spree to pick up some extra coins.
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September 04, 2018, 06:37:45 PM
 #123

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 
My younger brother said this but I have never take notice of this that cryptocurrencies market do recover at the weekend.  I have been a bit following trend of recent and I think bitcoin has been a little above $7000 . I will start to put all this into consideration in my future trade.


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September 04, 2018, 10:39:57 PM
 #124

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 

I never considered it that way. Recovery of BTC prices can occur at any time, and it depends on the ebb of the supply of bitcoin, due to the existence of the purchase transaction. If we go back to 2017 precisely in the fourth quarter, bitcoin often experiences a surge between Thursday afternoon and Thursday night. So, the increase that happened in the last few days, I think is just a coincidence. But is that possible the increase that has occurred in the past few days is caused by small investors who rely on their weekly salary to buy bitcoin?.

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September 04, 2018, 10:44:31 PM
 #125

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 
Maybe because many crypto user is on a rest day so they have a time to make green the market. A lot of us have own work in week days so maybe some crypto user do their pumps in the market in weekends.
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September 04, 2018, 10:51:28 PM
 #126

I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
 
Maybe because many crypto user is on a rest day so they have a time to make green the market. A lot of us have own work in week days so maybe some crypto user do their pumps in the market in weekends.
It is very appropriate that on weekends, we can focus more on the market so that it is likely that the market will be on the green line. indeed it will not always happen at any time, but it is likely that it could happen. I've known the digital currency market for a long time and all we have to do is use more digital currencies because then the prestige of digital currencies will increase and improve.

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September 05, 2018, 02:37:42 AM
 #127

I think the price recovery will never be predictable because the cryptocurrency price movements during the weekend also often decrease prices and often fall, and often also can experience price increases so you have to be able to take advantage of all cryptocurrency movements to get a lot of profit.
First price changes occur because there are a lot of things like news and speculation too. if you see the price going up on the weekend maybe just coincidence there were many good and positive news circulating. but that doesn't mean every weekend prices will go up lol

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September 05, 2018, 02:43:41 AM
 #128

It is not a periodic pattern you can see some patterns on the candles if you see the market carefully but it is not going as that every time..markets are going with news that effect with the btc and blokchaing technology even it is weekend market can be fall if there is a big downtrend news for BTC..
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September 05, 2018, 03:54:54 AM
 #129

There me be a logic behind it as to why cryptocurrencies usually recover in the weekend. As i theorized, people got busy during the weekdays doing their regular job or any job that would sustain their everyday needs and it is only during weekends that they can take a rest and giving time for doing crypto stuff.

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September 06, 2018, 06:07:33 AM
 #130

Most of the time it is not the recovery but it is the volume going up and down. Normally the whole price going up and down is interested in how much people want to buy bitcoin and how much people want to sell.

Well, during week days most people work and they can't really trade that much because they have to go to work and can't really care about bitcoin or anything else because they already care about their works. Now during weekends people start to get into bitcoin and buy and sell and move and trade basically and when they do that the volume of bitcoin suddenly increases which results with the price going up because so many people got in and out.

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September 06, 2018, 06:11:49 AM
 #131

In the weekend there are for sure more trading from people that have free time. But there is no correlation to what you are asking. In the weekend Bitcoin can goes up or down depending on the people feeling about it (news, trend.....)
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