Quote from: kaya11 on January 20, 2020, 06:01:14 PM

I don't believe in such things, come man maybe it was just a coincidence that the marks had happened always on Monday. For me the best day to buy bitcoin is when you see it on sale and you have the money to buy at your fullest.

Agree, im not telling you to believe the analysis. For sure as always buying low and selling it on the high price in the market is always the best method but since there is analysis I think for a short term investment this could somehow be profitable for traders or maybe it was just a coincidence that a lot of people sell their bitcoin on Monday.

Quote from: STT on January 21, 2020, 02:07:14 AM

Monday is different because the weekend is different, it probably is worth a buy because there can be some negative pricing initially which develops and on average that could result in a gain on average due to a lowered price when buying on average. Its tempting to say Friday is a buy because quite often I think some selling ceases until the Monday again, I'm not sure if that idea will show on your chart and I would want to sell into the rise that occurs after before the possible sell orders that can occur on Monday as market open which have been closed. I think that point of some exchanges closing and others not is like two tides meeting, theres some mix or adjustment between them.

Yeah in the last year analysis it's Friday and then in the past month until this year, it becomes Monday.

I think Monday is a good start, this is most of the time the day where a lot of people invest their bitcoin and bitcoin increases its average return or value through the week.
For sure it is not accurate we still need to study the market to guaranteed our profit but at least we have an idea what day to invest since we have their research or analysis in the market.