#BigTechStablecoin Why does the market often drop at the beginning of the month? Truth or myth?
Have you ever heard that "every beginning of the month the market takes a dip"?
🧐 It's not a rule, but there are indeed recurring factors that help explain this behavior. Let's understand:
🔄 1. Profit Taking from the End of the Previous Month
Many traders close positions at the end of the month to secure gains.
➡️ This can generate technical sell-offs at the beginning of the month, putting downward pressure on prices.