STUDY AND LEARN IMPORTANT DETAILS 🤓☯️👁️🗨️🕗
Time and the crypto market are closely related for several reasons:
1. **Volatility and speed**: The cryptocurrency market operates 24 hours a day, 7 days a week, without breaks. This means that price changes can occur at any moment, making time a critical factor for traders and investors.
2. **Trading strategies**: Some traders use time-based strategies, such as day trading, where they buy and sell cryptocurrencies on the same day, taking advantage of short-term price movements.
3. **Market cycles**: Over time, the crypto market tends to follow cycles of boom and bust. For example, Bitcoin halvings, which occur approximately every four years, have a significant impact on the market.
4. **Temporality in technical analysis**: Price charts are often analyzed in specific time intervals (minutes, hours, days, weeks) to identify patterns and trends.
5. **Global opportunities**: Due to its continuous availability, the market allows trading in any time zone, making it a truly global market.
Time not only influences how people interact with the market but also the events and strategies that can shape its behavior. ⏳📉