Current Bitcoin Price

Saturday, May 29, 2021

Do we dip on Sundays? Here's how Bitcoin has fared on every Sunday so far this year...

Hey guys, there's a lot of talk about the mythical Sunday dip going around so I thought I'd see how BTC has fared so far this year

All prices were taken from CoinMarketCap and I used the opening and closing price to gauge how well it performed. Any gain/loss that was less than 1% is classed as breakeven. I did double check everything but I apologise in advance if anything is incorrect

Here we go...

Sun 23rd May 8% loss

Sun 16th May Breakeven

Sun 9th May 1% loss

Sun 2nd May 2% loss

Sun 25th April 2% loss

Sun 18th April 6% loss

Sun 11th April breakeven

Sun 4th April 2% gain

Sun 28th March Breakeven

Sun 21st March 1% loss

Sun 14th March 3% loss

Sun 7th March 3% gain

Sun 28th February 2% loss

Sun 21st February 3% gain

Sun 14th February 3% gain

Sun 7th February Breakeven

Sun 31st January 3% loss

Sun 24th January Breakeven

Sun 17th January 1% loss

Sun 10th January 4% loss

Sun 3rd January 2% gain

As you can see, we've had more losses than gains but most of the losses were insignificant amounts like 1-2%. You've essentially got the same chance of breaking even or making a profit if you don't sell in anticipation of the Sunday dip

Hope some of you find this useful!



Submitted May 29, 2021 at 12:30PM by damnusernamegotcutof https://ift.tt/34uz8jy https://ift.tt/2Z7cX2s

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/3i37u4R
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