This is what the average #Bitcoin return looks like depending on the day of the week over the past year ๐Ÿ”

It is very interesting that the worst day for longs is Sunday. The best day to go long is Monday, but you should sell on Wednesday ๐Ÿ—“

It turns out that during the last year you could trade quite well just by repeating this scheme every week:

๐ŸŸขOpen long on Monday

๐ŸŸขClose long on Wednesday

๐Ÿ”ดOpen short on Saturday

๐Ÿ”ดClose short on Sunday

The reason why the crypto market falls so often at the end of the week on Sunday is that investors are preparing for the opening of the U.S. stock market

They expect a correction on S&P 500, and therefore sell crypto, which unlike stocks trades 24/7 ๐Ÿง 

$BTC #MyCOSTrade #BinanceAlphaAlert #CUDISBinanceTGE #TrumpTariffs #TrumpTariffs