It seems like you've identified a potential cycle in Bitcoin's behavior, where it pumps on certain days (Monday, Friday, and Saturday) and dumps on Sundays, possibly causing retail traders to cut losses. This kind of price action could definitely feel like a ruthless cycle, especially if it happens regularly and catches traders off guard.
These market movements could be the result of lower liquidity on weekends, or strategic moves by larger players to shake out weaker hands. If you’ve noticed this pattern, it might give you an edge in timing your entries and exits more effectively.
Are you considering adjusting your trading approach to align with this observed pattern?
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It seems like you've identified a potential cycle in Bitcoin's behavior, where it pumps on certain days (Monday, Friday, and Saturday) and dumps on Sundays, possibly causing retail traders to cut losses. This kind of price action could definitely feel like a ruthless cycle, especially if it happens regularly and catches traders off guard.
These market movements could be the result of lower liquidity on weekends, or strategic moves by larger players to shake out weaker hands. If you’ve noticed this pattern, it might give you an edge in timing your entries and exits more effectively.
Are you considering adjusting your trading approach to align with this observed pattern?