What is the Right Time to Buy and Sell Bitcoin?

It would not be wrong to say that Bitcoin has got its lucky charisma this year. From the value of cents to increasing thousands of dollars, it has witnessed numerous ups and downs throughout the years.
Today, every bitcoin investor, trader, or any creature on the planet interested in bitcoin only wishes if there was something that could predict the accurate future of Bitcoin. It’s unpredictable outcomes have every time amazed investors to think, research, and ultimately invest their large sums of money in Bitcoins.
From Elon Musk to Cathie Wood; every other bitcoin enthusiast has tried their best to comprehend the working of Bitcoin or at least find clues that can increase their odds of winning the world’s largest and highly profitable crypto. From finding the best Bitcoin wallets you should choose to know the right times to buy and sell bitcoin; there’s a lot more to know about bitcoin and create your hallmark there.
Hence, here we have summed up the accurate information from reliable bitcoin studies like one by Immediate Edge official site to help you know times that do wonders in generating profits or at least increasing the possibilities. Let’s get started.
Overview of the Best Times for Trading Bitcoin.
After tracking the movement of Bitcoin for a long time, we have concluded that the best time to buy bitcoin is also the best time to sell bitcoin as flipping it instantly can sustain its value in the eyes of Bitcoin traders.
Many people feel the best time to buy and sell bitcoin is the one when there’s very low trading of bitcoin going on in the market. Hence, your bitcoin has more probability to grab all the profitable deals and result in massive success.
On the other hand, investors are restricted to not neglect the fact that bitcoin is highly volatile, and using such tricks can work against sometimes or maybe not. Therefore, they believe that a good rule of thumb is to simply read between the lines and get a deep analysis of the past statistics, history, and current market trends for Bitcoin.
In the light of all these facts, many individuals and teams of researchers carried out their research to get the formula of time where you can imply the golden rule of bitcoin effectively, that is buying low-sell high.
Some Common Conclusions Derived 
Bitcoin experiences a very hard-to-understand price movement that can be technically studied to know the hourly price rates of Bitcoin and make your deals accordingly such as:

  • Monday 6 am UTC on Fridays was observed to be a great time for high prices of bitcoin for open deals.
  • Busy working days like Mondays and Tuesdays were considered the worst time to make any trade because it has experienced the highest trading failures in the history of Bitcoin.
  • Besides, researchers also stated that most of the traders are online during midnight maybe because of the different time zones that most of the high-bitcoin trading countries fall in.
  • Lastly, Fridays also got the attention for being the best cash-out day for bitcoin, making it easy to create large orders and successfully achieving those.

All the research, studies, and its accompanying conclusion are only given based on observation, some technical analysis, and prediction of experienced bitcoin trading platforms. You may also search out immediate edge official sites to get more deep views about these studies.
Crypto is a world of imperfection and it can be influenced by slight or minor factors like manipulation, human behavior, market trends, and much more. Therefore, before relying on any source of information, perform your share of research and know the best times to buy and sell bitcoin.

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