Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Learn Bitcoin
on 24/07/2023, 13:17:40 UTC
Hello, I'm setting up an automated weekly DCA. Can some of the knowledgeable gentlemen here suggest the day of week with statistically lowest prices?

A comprehensive study analyzed 2 years’ worth of Bitcoin buying and selling data. The findings were pretty surprising. The research took a look at the average weekly market cycle to find the best day of the week to buy, The researchers found that the average lowest price for Bitcoin was at 6 am UTC time on Fridays. This means that this is on average..

I don't know how reliable this is. But, I also heard that Mondays and Tuesdays also good to buy Bitcoin.