Is the market changing?

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gw31_2021Full Member
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#1Mar 20, 2018, 06:34 AM
I've been keeping an eye on things since the ETF news dropped, and I've noticed that BTC tends to just chill on the weekends. It's mostly going sideways, probably just building up some liquidity. Then on Sundays, especially during the NYKLZ, you see some volume coming in, and when Monday hits, that's when the real trading action starts. I kinda miss the days when cryptos would pump over the weekend. Now it feels like weekend trading is just full of doubt and kinda dull. Has anyone else picked up on this? I'd love to hear how you've been adjusting to the market lately.
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wildkingFull Member
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#2Mar 20, 2018, 09:02 AM
If you are talking about the price of Bitcoin, the right place to post it is the speculation board. I have not noticed observed what you have said but does New York Kill Zone (NYKLZ) apply on weekend? For much I have the mindset that Bitcoin is still in a period of consolidation pending when we will see strong fundamental that will propel the market to go higher. I'm not really trading so I have no problem with what you have described. I'm using the DCA method that allow me buy at regular interval of time and I don't really care what the price will be or the market moment.
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p1x3l365Senior Member
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#3Mar 20, 2018, 02:46 PM
Why not take the thread to the Trading Discussion section so you can muchly meet traders interests with better experiences for the discussion as implied "Trading"? However, noting that bitcoin market isn't officiated with regulations since it's a decentralized digital market unlike the forex trading. It's clear as experienced that nomatter how we chase to earn, there'd surely be times to take some leisure breaks in the market so, some traders are likely to chill by the weekends while then having poor market liquidation to optimize volume of volatilities. Due to minimal volume of traders on the weekend days, it sometimes seems challenging of traders meeting up trade demands and as well conditionally risky of market prices as a course of demands higher than supplies.
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max.wizardFull Member
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#4Mar 20, 2018, 06:07 PM
Agreed. Sideways movement => into a good and old upward movement. It's just not the time yet. And the dominos are still falling into their places..
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0xC0braFull Member
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#5Mar 21, 2018, 06:46 PM
@OP, if you are really an old person in the space, you would hav known by now that during weekend, the volatility in the market usually slows down compared to working week days (Monday to Friday). You are wrong to have think that this is a new incident in the market that only started after ETF was approved. No, that's not true, it has been so for a very long time. The only time you will see much price pump or volatility during Saturdays and Sundays is if we are in bull run season.
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eric.wolfFull Member
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#6Mar 22, 2018, 12:34 AM
You mean you missed when bitcoin was setting new ath? When did you start getting into crypto, mate? Because if you had been long enough you’ll know that the market will not always be pumping. It’s not an indication of a bad thing. It’s just how cycles work.
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CalmLedgerSenior Member
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#7Mar 22, 2018, 04:28 AM
We can feel happy to see this day the market show a good movement by Bitcoin increase. If this is continue, there will be a chance to see the price will be back to $99k. But if there is another correction come, we may see the price will be down like before. If that is happen, we do not know how low the price can go. We can only hope the price will not below than $90k because that can make many people panic and will sell instantly their Bitcoin. Hopefully we have more support comes to Bitcoin and will resist the price not down too deep.
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cryptobridgeSenior Member
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#8Mar 23, 2018, 07:05 PM
I think it's because nothing is been done on the executive signing Trump claim to be doing on cryptocurrency. If you remember before the election, he used to say all of sort of things to make Bitcoin bullish, this was probably and arrangement but now that he is Mr president, no time to lick anyone foot again, what never about Bitcoin depend on what he says later and that's why you don't see action on Bitcoin during weekends anymore unlike then. If you miss trading on weekends, then you obviously need to be present when the New York exchange open and make your trades. You can also pre open some order that's if you really want to take the risk, open order and to where you want your order to be filled or buy on the weekend if you think the week will be bullish and then set your target on where you want to take profits, if you have done that last week and this week, you would have made some money.
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miner_bullFull Member
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#9Mar 23, 2018, 10:15 PM
etf is not the only thing that drives bitcoin movement, there are still other things that move bitcoin... and now it seems that there is no news that really moves the price of bitcoin and that makes bitcoin look sideways, but that is normal in the market, we can not expect that it will continue to be on a positive trend, there must be a time when the price of bitcoin will be sideways.
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oracle365Full Member
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#10Mar 23, 2018, 10:33 PM
This is the overall market dynamics and dynamism  I suppose that is liquidity shifting from peaking on some days and moving to some other days where they usually do not peak. There was no fixed day for liquidity so liquidity could choose any day within the week for it to be at his highest. the fact that it has been at his highest during the weekends does not mean it will continue so because the market is dynamic and always changing. Acted like a true politician.
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im_ravenMember
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#11Mar 24, 2018, 12:24 AM
Things are not always the same, they change with time. Nowadays, the market is calm on the weekends because many institutions and big whales are taking a break and spending time with their families. These whales and institutions also change their positions and planning, and that's why when the market opens on Monday, we see big movements. Bitcoin also gives us time to take a break and rest for these two days, and on Monday, we start our work. For me, these two days are very productive for making new strategies, analyzing the market, and making decisions accordingly. This will be a good way to finalize your tasks in rest and peace.
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benledgerSenior Member
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#12Mar 24, 2018, 03:42 AM
This is the case since long before the ETF approval. Almost everyone in the Bitcoin space will have noticed this for a long time. Why does it happen? most likely because institutional investors also do not trade at weekends because banks dont operate either and institutional  investors would trading through institutional platforms and services which dont trade then either. Personally I dont need to adapt to this because it doesnt affect me.
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moon_2019Full Member
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#13Mar 24, 2018, 09:03 AM
Most of those who often adapt to the market are traders even though they don't trade Bitcoin directly, but from what I've noticed in the past two weeks there has indeed been a slight difference in the price conditions of Bitcoin and others. But it's only on a small scale so today the conditions of Bitcoin and other coins have also corrected again, but if you feel bored with it, it's better for you to get out of the market and don't do anything in the market first if you might not dare to buy Bitcoin in conditions like this.
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silentchainHero Member
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#14Mar 24, 2018, 12:19 PM
Maybe he need to be consoled or moderated if he thought as much as some others who had invested on bitcoin because they were wrongly told that there is no south side in the bitcoin market. If yes, that was a wrong orientation mate, bitcoin has never been of such insights of increases of prices in every day nor weekends as said rather has been an unpredictable market system which it community users can not be assured of the Short term market price would be. That is why Investors are more prosperous on long term holding while traders begot risky with their short term marketing dimensions in the everyday trades .
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#15Mar 25, 2018, 10:39 PM
So you think the market was full of certainty at some point?  I suspect then that you're extremely rich, right?  The markets have never had a shred of certainty.  Also why I've always found it a bit of a joke to try and analytics and charts to predict bitcoin futures.  Sure that might work at times and it might work with established stocks, but with a brand new cryptocurrency revolution,  we are just getting started and we should hope to god ( whichever fairy tale you believe in) that it becomes more stable one day, that would mean bitcoin is going in the right direction.
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w1z4rd100Senior Member
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#16Mar 26, 2018, 06:19 PM
The market is already changing, consider a lot of instances; for example the trading volume, and the market cap. The bitcoin market now is huge compared to before, let's accept this. For example what happening right now with just a small pump or dump, a lot of liquidations already and some people already panicking when there's some small shakeout where OGs don't mind this.
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#17Mar 26, 2018, 07:10 PM
I also noticed it but it’s been years since this started happening. Personally, I trade less during weekends because of this and this happens because the whales and crypto investors trade less or take a break during this time.
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5h4rd_2015Full Member
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#18Mar 26, 2018, 11:11 PM
That's not the problem they never sleep and continue to monitor market movements and always juxtapose information that is considered necessary as one of the formulas for the final decision when they buy and get a cheap price. Many things affect the market besides technical, geopolitical issues, economics and market sentiment after hearing the policies issued by the government also play a role in price movements. Getting a cheap price is the key.
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viper_blockSenior Member
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#19Mar 27, 2018, 05:03 AM
Analyze the market situation and condition that you should do that if you want to know what happen to the market so you can know what you can do for your company. The major pump will come again, you don't have to worry because that can make you in trouble. They don't like people who criticize their rule because the society know that rule is for their benefit in our city. That is why we must invite all people and not just young men because it is a big job for all people in this city to defend their city from the bad people like them. It is our city which we want to protect together with all element so nothing to be worry if we are unite. But I agree that crypto market look for sideways which become very difficult to predict. The situation like few years ago if I am not wrong, this similar case show up so why this is show up again? I guess we are playing victim with someone or family or some people behind the tree.
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roguedefiMember
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#20Mar 27, 2018, 07:06 AM
if you keep expecting bitcoin to be in continuous upwards trend by events or other external factors then you are expecting the market to be manipulated at that point which is something most of us holders do not appreciate especially those only with a few bitcoins in their possessions we rather want to see the market play out the way it normally does instead of trying to intervene and counter attack every move in the market just so the value doesn’t drop but the market is volatile that’s the truth and that’s the common
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