It's late on Friday: Does that mean it's time to buy bitcoin?

Author: Adam Button | Category: Cryptocurrency

Stimulus checks and momentum

I wrote last weekend about weekend effects in the price of bitcoin.

Reader Michael Goodwell was kind enough to break down recent returns by the day of the week.
Bitcoin each day

Bitcoin by day of the week
The weekend effect isn't quite as strong as I'd anticipated but it's notably strong in weeks where Bitcoin has climbed.

Here's a look at the chart of weekends (Sat show) through last Sunday.

Bitcoin weekend
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