I heard that there is a lot of volatility in the bitcoin market once the Asian, London and New York session opens and that is the time the day traders and scalpers make the most of the profits (or losses).
bitcoin doesn’t have any opening or closing time like stocks do but yeah if specific traders overlap you can take advantage of this because it might also affect the bitcoin market
most likely if something huge like an event or news happen and it affects the stock market it will also affect the bitcoin market
Can anyone know the exact time of these market openings and is it worth be active and trad in those times ?
note the
timezone is in gmt:
tokyo 12-9am
london 8am-5pm
new york 1pm-10pm
as per is it worth it? it depends how well you can navigate through both markets it’s going to be tough but if you can do it well then sure why not?