MultiversX Tracker is Live!

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

All Cryptocurrencies

by COINS NEWS 316 Views

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 by /u/damnusernamegotcutof
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments