The researcher found that the average lowest price of bitcoin was at 6 am UTC time on Fridays and the best time to invest or buy bitcoin.
If you would have done this in the week-end just passed, you would have bought at around 10240$ and sold at 9790$. Not a good business.
The morale of the story is: don't just go by various self-called specialists, some don't know sh*t and Bitcoin market is more volatile than the "rules" they want so badly to find out.
Still the market price of bitcoin was volatile the study is justs getting the average so you cannot rely on this analysis all the time.
This is the only correct part of the analysis imho.
This is the reason why so many new investors are having a hard time or deciding to quitbon crypto.
Those guys who always falls into those sweet talks or so called TA's advice are the ones who lose so much.
Do your own research don't let them decide for your money.