Buy Bitcoin on Friday and Sell it on Monday?
A new Analysis that is against in my recent thread "Monday is the best day for you to buy your bitcoin?"
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.
The research tends to find the open, close, high, and low for every hour of every week.
They found out that the market price on Monday and Tuesday has the Bitcoin price averaged 170 dollars higher than on Fridays. Meaning that Monday and Tuesday is the best time to withdraw your investment. 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.
read the info here:
https://www.longhash.com/en/news/3272/Friday-Lows-and-Monday-Highs:-Bitcoin-Price-Patterns-By-Day-and-Hour
My Recent thread:
https://bitcointalk.org/index.php?topic=5219260.msg53657784#msg53657784
A new Analysis that is against in my recent thread "Monday is the best day for you to buy your bitcoin?"
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.
The research tends to find the open, close, high, and low for every hour of every week.
They found out that the market price on Monday and Tuesday has the Bitcoin price averaged 170 dollars higher than on Fridays. Meaning that Monday and Tuesday is the best time to withdraw your investment. 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.
read the info here:
https://www.longhash.com/en/news/3272/Friday-Lows-and-Monday-Highs:-Bitcoin-Price-Patterns-By-Day-and-Hour
My Recent thread:
https://bitcointalk.org/index.php?topic=5219260.msg53657784#msg53657784
Monday is the best day for you to buy your bitcoin? 
Source:
https://cointelegraph.com/news/new-analysis-finds-that-mondays-are-the-best-days-to-buy-bitcoin
https://www.cryptoglobe.com/latest/2019/11/monday-is-the-best-day-to-buy-bitcoin-data-shows/
In the graph, we could easily see and conclude that Mondays are the top average return of all days in a week. Also, we could see that Wednesday and Thursday that has average return of -0.09% and -0.23%.
In my opinion, I think for long term investment these days doesn't really matter anymore as long as we do buy low and sell high in the market, but I do believe that this analysis is on point in weekly investment or short term investment.
What are your thoughts about this?
I have tried to do such research before and my was buying bitcoin 6pm and sell it 6am and it works for sometime but later it started to failed. It will take extremely carefull for one to make consistent profit from a single strategy. Bitcoin is always down at the weekend and buying bitcoin on Monday might be the right thing to do but most Friday I always see bitcoin extremely volatile. Source:
https://cointelegraph.com/news/new-analysis-finds-that-mondays-are-the-best-days-to-buy-bitcoin
https://www.cryptoglobe.com/latest/2019/11/monday-is-the-best-day-to-buy-bitcoin-data-shows/
In my opinion, I think for long term investment these days doesn't really matter anymore as long as we do buy low and sell high in the market, but I do believe that this analysis is on point in weekly investment or short term investment.
What are your thoughts about this?