Its a good theory but BTC is hard to predict to within a range of 5 usd.
It also tends to go up around 7-9pm (EST) probably because thats when China
is waking up and first thing a lot of people do is buy BTC.
but china would be waking up earlyer than that right, if its 9est then its about noon then its about 10am in china. ya that sounds right. never mind, but if i see a jump at 1am mst or 3am est for you then who is buying then? India? maybe Europe