Trading hours

[SquallLeonhart]

US stock market open does have a say in the world trading center and not just crypto, same goes for UK time to time but that is Forex and not stocks. The reason for this is the fact that there is trillions of dollars combined goes around in those markets and sometimes finding a company to make a billion dollar profit is not easy, you could find anywhere you want to put 1000 dollar investment, you could buy almost any stock, but when you have 30 billion dollars you want to invest it gets smaller.

So what they do is, put their money in other stuff, companies from around the world, resources like gold and oil etc etc. This in result sometimes means they care about bitcoin and crypto as well, they don't go in with billions of dollars but they do end up buying and selling a bit which affects the volume.

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[MacHenry]

For a while I have observed that trading around the American trading session has high price volatility. This usually occurs at the start of New York stock market trading session.  I observed that trading sessions like the London and Asian financial market openings most often have considerably little impact on BTC’s price volatility.

Also, I observed that midweek had more volatility in the BTC market than the beginning or end of the trading week. Weekends were also observed to be quiet (not all the time).

This major activities correlated with the opening of American financial markets and may possibly be due to the increasing prevalence of American institutions within the market.

My observation does not mean that it always follow such trends, but many a times it does. It is better to stick to what works for you.

[justdimin]

Even though crypto-market is open 24/7 I've noticed that trading at certain hours (depending on time zone) is more active with more volatility. Sometimes it's right after US stock market opens, sometimes it's on weekends.
What do you think the reasons?

This might be because there are certain timings when more traders are online as we know crypto traders are not evenly distributed, for example China has a massive number of miners and hence must have more traders as well. So when day time is there for them more trades happen, I assume. Also when there is a bullish run or a bearish run then there are more trades as people tend to panic (when bearish run) and a lot of buy orders are placed when the bull run is going on so that makes the volume of trades bigger.

I don't think there is any other reason because market is open all the time and some guys even have bots so doesn't make much sense to have any other reason apart from the ones above.

[ReiMomo]

Use your Fibonacci retracements technical tool for you to know which regions are doing tradings at that time and to identify when would be the best to trade your stuff.

If you're trading cryptocurrency, you have to consider that it is being accessed globally. So timeframes are different and trading hours vary.
I think that's it for me and good luck with your trading!

[bearexin]

US stock market open does have a say in the world trading center and not just crypto, same goes for UK time to time but that is Forex and not stocks. The reason for this is the fact that there is trillions of dollars combined goes around in those markets and sometimes finding a company to make a billion dollar profit is not easy, you could find anywhere you want to put 1000 dollar investment, you could buy almost any stock, but when you have 30 billion dollars you want to invest it gets smaller.

So what they do is, put their money in other stuff, companies from around the world, resources like gold and oil etc etc. This in result sometimes means they care about bitcoin and crypto as well, they don't go in with billions of dollars but they do end up buying and selling a bit which affects the volume.

Yeah, like the US elections happened and the whole BTC market was swinging and I read some article which mentioned that is Trump is winning then the stock market will go high in US and if Biden wins then the market will go down. I am not sure of the authenticity or the logic behind these but surly there must be some connection of these events on the stock market and hence the BTC market indirectly.

I never noticed the market volumes too much but maybe you have a point and the market changes rapidly at times when compared to mostly stable on other times, interesting fact we are discussing and one that I will keep an eye on because I don't trade much but these are some interesting traits of the crypto market.

[Ryker1]

Well, the only reason for that is that the trading is open to all globally.
That's why predicting using time is not a good idea. Perhaps, the best thing to do first is to recognize the player's origin first. Such as the numbers of traders on this origin and so on, so forth. Then that's the time you will strategize your trading.

[Danslip]

For long term trading, choosing the timeframe is easy and we usually don't chase the opening hours of global markets. From my experience, the London opening hours are usually a rush for day traders and this affects the daily volatility of the BTC markets. Maybe for US markets, the movement on forex pairs affects the crypto prices too.
 

[Mpamaegbu]

Even though crypto-market is open 24/7 I've noticed that trading at certain hours (depending on time zone) is more active with more volatility. Sometimes it's right after US stock market opens, sometimes it's on weekends.
What do you think the reasons?

Your observation is correct and that is because the major thing controlling the crypto market is NEWS. Yes, I know the crypto market is 24/7 but that doesn't mean news circulates 24/7 throughout all the countries of the world at the same time. For instance, there could be breaking news in America at 9pm, but it's already 3am in South Africa. It won't get the same impact it will get in the US in SA at that time until time rolls by and South Africans wake up from their sleep. So, imagine a project based in South Africa reacting to that news. Tokens tend to move more in trades during active hours of countries where those projects are based/sited and of exchanges controlling the listed tokens because news don't break at odd hours. News are broken by humans; humans live in countries and countries have active hours.

[Yamifoud]

Trading runs 24/7 but traders won't able to stay that long, they'll come into trading at different time zone.

People who have work in the day will likely make a trade right after their work is done or they'll often come once they are on rest days. That might be the reason why trading is very active when the stock market trading is closed and during weekends. It makes a big sense when we are in trading because it is very important and base on my observation, we can easily make a trade when the market is very active.

[Yatsan]

Trading hours depends on different time zones for we are having different times frames due to distances and are being separated on which time zones vary depending on your position within the boundary of the international date line (IDL). There might be certain time that most traders do trade on a specific time because it is their available time to trade. Weekends might be preferable to have most tradings all because people are having break and tend to stay at home for rest day and trading would be a work from home for certain individuals. But still it does vary for we are different types of traders keeping an eye on different crypto coins market changes. Trading hours do have a peak but we certainly do not exactly know when for traders do have their specified hours of trading that includes on their strategy as they go along trading on this volatile market.

[Lanatsa]

Trading hours depends on different time zones for we are having different times frames due to distances and are being separated on which time zones vary depending on your position within the boundary of the international date line (IDL). There might be certain time that most traders do trade on a specific time because it is their available time to trade. Weekends might be preferable to have most tradings all because people are having break and tend to stay at home for rest day and trading would be a work from home for certain individuals. But still it does vary for we are different types of traders keeping an eye on different crypto coins market changes. Trading hours do have a peak but we certainly do not exactly know when for traders do have their specified hours of trading that includes on their strategy as they go along trading on this volatile market.

It talks about on the market yet which is open all the time without any closing time or what.Trading hours will vary on each individual since we do have different vacant time due to
own reasons.

Trading hours doesn't really need because market is always been volatile which you can always make trade no matter what time in the day.As long you do know how to
put up your position then you're good to go.

Also, there are several types of traders that's why trading behavior would really be depending on what type of trader you are.

[Silberman]

There is no best hours to trade cryptocurrencies in a day, all day you need to be awake if you want to buy/sell at the perfect time.But have to mention that trading volume and transactions counts are considerably less over the weekend compared to weekdays so you can consider not many people were actively trading on weekends but it is not going to help in any way for individuals.

That is the theory but that is only true if we were robots that did not slept and watched the markets all day every day, it is known that action slows down on weekends why is that? Because people take the weekends to relax or visit family members or do something they like instead of being glued to their screen all the time, this means less traders watching the markets, less money, less volatility and less action in general, so it makes sense that if a certain region of the world is more dominant when it comes to the money in aggregate those investors have put in the market that there is more action during the time those investors are awake.

[gabbie2010]

Trading runs 24/7 but traders won't able to stay that long, they'll come into trading at different time zone.

People who have work in the day will likely make a trade right after their work is done or they'll often come once they are on rest days. That might be the reason why trading is very active when the stock market trading is closed and during weekends. It makes a big sense when we are in trading because it is very important and base on my observation, we can easily make a trade when the market is very active.

There are active trading time when the price volatility and momentum tends to move fast especially for forex traders this are time when prices experience huge movement especially during London open and New York open, there are trading opportunities at these period for USD and GBP related pairs especially for scalpers who  trades within the shortest period of time and take exit, while at the close of those market sessions the price tends to be very slow.
BTC/USD price movement has no definite session however it is well traded with higher timeframe because of it massive volatility.

[farrellronald]

Well it is quite natural that some stocks/sectors are more volatile than others, even the time can be a variable for volatility, because of the business model of some sectors. Volatility can also result from the perceived "hotness" and "coldness" of the stock/sector as has been pointed out in another answer. For example: Tech Stocks generally exhibit this phenomenon

[FanEagle]

Crypto is global, that is the reason why it doesn't have a trading hour, it is not something that would make you profit depending on a nation because it has no nation, from Japan to Europe, from USA to Africa everyone around the world uses crypto and will continue to use crypto which means while it is morning in some place it is night somewhere else while bitcoin world still continues in all of them.

There is also no legal boundaries as well, stocks for example gets exchanged at certain hours, you can't buy or sell after the market is closed, crypto market doesn't close and it continues forever, you can be at opposite sides of the world and you can still trade at the same time, one person trading at 2-4 am at night while other does it at 9 am in the morning.

[Hamphser]

Even though crypto-market is open 24/7 I've noticed that trading at certain hours (depending on time zone) is more active with more volatility. Sometimes it's right after US stock market opens, sometimes it's on weekends.
What do you think the reasons?

it might be a switch from stock traders to crypto market,
we know that the stock market when they close on the weekend,
from my perspective like that, the weekend is the biggest volatile day for crypto,
if you understand the chart then you will understand.

You can really engage in both but it is really worth to missed out the weekdays just to hang out with stocks or forex? It would be worth if those days will be spent out in crypto.

Im not saying that you must done such thing but if you are after with profitability then crypto will be the best place due to volatility but of course its risky as hell but if you do
like to play on the safe side then its your choice and with this kind of schedule where you do consider only crypto at weekend due to stocks are closed.

[Zanab247]

Many trader are already, loosing hope on cryptocurrency just because the way is  reducing in the area of exchange market which is making some trader worry, if it is the time to trade with crypto to make a good profit. We are about to enter crypto season base on some research confirmation. This is not the hour to trade with cryptocurrency because bitcoin is taking over the market by pumping more than cryptocurrency in the market.

[harizen]

Sometimes it's right after US stock market opens, sometimes it's on weekends.
What do you think the reasons?

Do you use a tool for checking this? How did you notice that crypto is sometimes more in action after the US stock market opens and on weekend?

Even using some trading indicators, I doubt we can have specific and accurate data wherein crypto is in heavy action although we can create our own data given we have a factor or basis.

Stocks and Forex do have good trading hours. But I doubt we can determine that there is on crypto. Crypto is volatile that heavy actions can happen anytime.

[Silberman]

Sometimes it's right after US stock market opens, sometimes it's on weekends.
What do you think the reasons?

Do you use a tool for checking this? How did you notice that crypto is sometimes more in action after the US stock market opens and on weekend?

Even using some trading indicators, I doubt we can have specific and accurate data wherein crypto is in heavy action although we can create our own data given we have a factor or basis.

Stocks and Forex do have good trading hours. But I doubt we can determine that there is on crypto. Crypto is volatile that heavy actions can happen anytime.

I have not really checked if this is accurate or not because I'm not a day trader however I think it will be very easy to know if this is true just by looking at the volume, for example if the theory of those that say that it doesn't matter at what hour you decide to trade we should see that there is very little difference in the volume if we were to take the average volume during that year of each hour, however if the observations of the OP are right then we should see a significant difference among the hours in which the US market opens.

[Wicked17]

i think it depends on every country because of different time zone but based on my observation and experience highest peak was around 12am +8 gmt