Friday Is the Worst Day for Crypto and Bitcoin (BTC): Long-Term Data Shows

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The article analyzes which days of the week are most favorable for Bitcoin trading. According to recent historical data, Friday is the worst trading day with average losses exceeding 1 percent. Weekends generally remain positive, while Tuesday shows the best performance. This trend is explained by institutional traders reducing risk before traditional financial markets close on Friday evening, as well as the expiration of derivative contracts. Bitcoin is currently trading around $64,000, below the 50-day and 200-day moving averages, with a neutral Relative Strength Index hovering near 49-50.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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