๐ Bitcoin's been partying hard outside U.S. trading hours, with most daily gains happening when Uncle Sam's asleep! ๐ด According to 10x Research's Markus Thielen, this new trend could be a goldmine for traders. Buy Bitcoin before U.S. hours, sell a few hours later, and voila โ small but frequent profits! ๐
On April 4, Bitcoin rallied 2.6% outside U.S. hours, while U.S. hours only saw a 0.6% rise. This trend reversal has been observed since the launch of spot Bitcoin ETFs.
So, what's the secret? Investors anticipate ETF surges by buying Bitcoin before the U.S. market opens. But beware, U.S. investors are also playing the game, arbitraging between the spot and futures market.
Got thoughts on this? Share in the comments! ๐ Remember, the early bird gets the Bitcoin! ๐ฆ๐ฐ