Some people think it's Monday, others think it can be Monday and Friday. But I think the best thing is not to think about a specific day, the ideal is to think about the best time to buy Bitcoin.
Looking at a long-term Bitcoin graph we will see that the so-called volatility of cryptocurrency is actually opportunities to buy Bitcoin with a long-term view.
A chart, shared by analyst Willy Woo, records the best windows of opportunity for purchase. Using an indicator called ribbon difficulty ribbon difficulty, he was able to predict the best buying moments in the past ten years.
What is the ideal time to buy?
Following Willy Woo's technique, the ideal time to buy Bitcoin is when the lines come together (it gets too thin) or when the thickest and darkest line crosses the weakest lines) as shown below.
Above it is possible to see that the Bitcoin indicator managed to accurately predict in early 2019 the best time to start accumulating Bitcoin, since the indication of purchase, there was a 200% appreciation in the price of the cryptocurrency.
Looking at a long-term Bitcoin graph we will see that the so-called volatility of cryptocurrency is actually opportunities to buy Bitcoin with a long-term view.
A chart, shared by analyst Willy Woo, records the best windows of opportunity for purchase. Using an indicator called ribbon difficulty ribbon difficulty, he was able to predict the best buying moments in the past ten years.
What is the ideal time to buy?
Following Willy Woo's technique, the ideal time to buy Bitcoin is when the lines come together (it gets too thin) or when the thickest and darkest line crosses the weakest lines) as shown below.
Above it is possible to see that the Bitcoin indicator managed to accurately predict in early 2019 the best time to start accumulating Bitcoin, since the indication of purchase, there was a 200% appreciation in the price of the cryptocurrency.