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arpon11
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September 04, 2018, 06:37:45 PM |
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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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liseff3
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September 04, 2018, 10:39:57 PM |
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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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basty03
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September 04, 2018, 10:44:31 PM |
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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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iqlimasyadiqa
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September 04, 2018, 10:51:28 PM |
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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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deppil
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September 05, 2018, 02:37:42 AM |
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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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dasunlanka
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Be cool
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September 05, 2018, 02:43:41 AM |
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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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lingwistiko
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September 05, 2018, 03:54:54 AM |
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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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aencarnaci
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September 06, 2018, 06:07:33 AM |
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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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Midori_Team
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September 06, 2018, 06:11:49 AM |
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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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zazarb
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October 01, 2018, 03:58:40 PM |
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I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
Yes, sometimes in weekends cryptocurrencies recovering in terms of price, but I do not agree with you that this is happening every weekend. It could be that times to times it comes true but it's just coincidences. |
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ivanst776
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October 31, 2018, 09:49:47 AM |
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I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
Yes, sometimes in weekends cryptocurrencies recovering in terms of price, but I do not agree with you that this is happening every weekend. It could be that times to times it comes true but it's just coincidences. People make deposits on the business days of the week and trade on weekends when they have time. Not all country will ban bitcoin, they can not even have one regulation with bitcoin! As long as there are no peace there will be no unity for the regulation with bitcoin and as long as there is a single country who don't ban bitcoin BTCs will remain. Supply and Demand is not an issue too, as many people are still getting into this day by day. |
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pocketfullofpoke
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October 31, 2018, 11:46:40 AM |
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I think that's because of the availability of some investors during weekends as they have also other work to do every weekdays. So it makes sense that the volume of trading cryptos is high during these days days too.
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cluit
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November 01, 2018, 03:31:07 PM |
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It is not recovery it is the high volume. By logic, there are more people interested in bitcoin during the weekends because they are free and not going to work. Weekdays are reserved for people who go to work and than comeback and mostly don't have time to neither deal with bitcoin nor really have the energy to spend it on something like that.
Nevertheless, during weekends they have all the time in the world and decide to really get into it on their free time, which creates an extra volume during the weekends and they spend it on cryptocurrency and the volume gets high. Whenever the volume goes up the price goes up with it because there is an extra demand on trading which creates an extra demand on the coin itself that is why during the weekends the price usually goes up for all. They leave during Sunday or Mondays and that creates the drop off as well.
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Zadicar
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November 01, 2018, 03:49:45 PM |
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I am curious about the price of cryptocurrency usually recovery in the weekend even most of cryptocurrency are in the downtrend ?
Yes, sometimes in weekends cryptocurrencies recovering in terms of price, but I do not agree with you that this is happening every weekend. It could be that times to times it comes true but it's just coincidences. People make deposits on the business days of the week and trade on weekends when they have time. Not all country will ban bitcoin, they can not even have one regulation with bitcoin! As long as there are no peace there will be no unity for the regulation with bitcoin and as long as there is a single country who don't ban bitcoin BTCs will remain. Supply and Demand is not an issue too, as many people are still getting into this day by day. Demand would really still remain because we have seen that Bitcoin did able to last for 10 years and comparing on the price when it was just starting and the current price as of now we can see that there is really a strong support with it so its already understandable.Talking about usual recovery on weekend, no one really knows on whats exactly happening on that time but those points you have said is possible but still not a sure thing. |
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