A four-year analysis of daily $BTC price changes reveals notable trends tied to specific days of the week. Mondays and Wednesdays see the highest average gains at 0.54% and 0.53%, respectively, suggesting early and mid-week investor optimism. Tuesdays show moderate growth at 0.16%. Thursdays stand out with an average decline of -0.08%, indicating potential mid-week corrections. Fridays and Saturdays show slight increases of 0.09%, while Sundays record the smallest growth at 0.07%. This pattern may reflect trading behaviors and market sentiment shifts throughout the week.
Data from last year shows the same pattern with an average 1% increase on Monday
Almost the opposite trend is visible in the S&P 500 where Friday is normally the day of the week with the highest positive change.
Data from last year shows the same pattern with an average 1% increase on Monday
Almost the opposite trend is visible in the S&P 500 where Friday is normally the day of the week with the highest positive change.